iShares 3-7 Year Treasury Bond ETF $IEI Shares Newly Acquired by RCS Financial Planning LLC

RCS Financial Planning LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, Holdings Channel reports. The fund acquired 97,347 shares of the company’s stock, valued at approximately $11,043,000. iShares 3-7 Year Treasury Bond ETF comprises 6.0% of RCS Financial Planning LLC’s investment portfolio, making the stock its 2nd biggest position.

Several other institutional investors have also made changes to their positions in IEI. Independence Financial Advisors LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.2% during the third quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after purchasing an additional 9,123 shares during the period. Legacy Private Trust Co. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $1,377,000. Bank of America Corp DE lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after buying an additional 2,627,948 shares during the period. Weaver Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $27,439,000. Finally, Nolet Wealth Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $1,416,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI traded up $0.05 during trading hours on Wednesday, reaching $113.62. The company had a trading volume of 1,654,395 shares, compared to its average volume of 1,860,464. The stock has a 50-day moving average of $115.10 and a two-hundred day moving average of $116.63. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3683 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.9%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.