Banco Santander S.A. Sells 8,977 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Banco Santander S.A. cut its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 214,952 shares of the company’s stock after selling 8,977 shares during the quarter. Banco Santander S.A.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $25,599,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. MorganRosel Wealth Management LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 6.4% during the 2nd quarter. MorganRosel Wealth Management LLC now owns 7,832 shares of the company’s stock valued at $933,000 after acquiring an additional 474 shares during the period. Wealthfront Advisers LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 6.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 12,325 shares of the company’s stock worth $1,468,000 after purchasing an additional 746 shares during the period. Oppenheimer Asset Management Inc. bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $2,377,000. Brian Low Financial Group LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,819,000. Finally, AlphaQuest LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $5,861,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $120.20 on Monday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $114.51 and a 1-year high of $120.42. The business has a 50 day simple moving average of $119.64 and a two-hundred day simple moving average of $118.63.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3462 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Wednesday, October 1st.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).