Checchi Capital Advisers LLC Cuts Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Checchi Capital Advisers LLC lowered its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 63.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 63,714 shares of the company’s stock after selling 111,118 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $7,588,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in iShares 3-7 Year Treasury Bond ETF by 54.1% during the 1st quarter. Bank of New York Mellon Corp now owns 318,560 shares of the company’s stock valued at $37,633,000 after buying an additional 111,822 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 19.1% during the first quarter. Sequoia Financial Advisors LLC now owns 3,410 shares of the company’s stock valued at $403,000 after acquiring an additional 548 shares in the last quarter. Ritholtz Wealth Management grew its stake in iShares 3-7 Year Treasury Bond ETF by 9.7% during the first quarter. Ritholtz Wealth Management now owns 45,092 shares of the company’s stock valued at $5,327,000 after acquiring an additional 4,003 shares in the last quarter. Blueprint Investment Partners LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 152.8% during the first quarter. Blueprint Investment Partners LLC now owns 61,447 shares of the company’s stock valued at $7,259,000 after acquiring an additional 37,142 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 15.8% during the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock valued at $1,431,677,000 after purchasing an additional 1,652,996 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.35 on Friday. The business has a 50-day moving average price of $119.29 and a 200-day moving average price of $118.42. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.3462 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, October 1st.

iShares 3-7 Year Treasury Bond ETF Profile

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).