EFG Asset Management Americas Corp. Sells 7,291 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

EFG Asset Management Americas Corp. reduced its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 22.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 25,685 shares of the company’s stock after selling 7,291 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,059,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Beacon Capital Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares in the last quarter. Avion Wealth lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% during the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after acquiring an additional 114 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. LRI Investments LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $119.62 on Thursday. The stock’s fifty day moving average is $119.71 and its 200-day moving average is $118.82. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $114.51 and a 52 week high of $120.42.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.3662 per share. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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).