iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC decreased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 51.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,920 shares of the company’s stock after selling 6,226 shares during the period. Royal Fund Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $708,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meridian Wealth Management LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 0.6% in the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after buying an additional 90 shares during the last quarter. Channel Wealth LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after acquiring an additional 96 shares during the last quarter. Bensler LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the second quarter. Bensler LLC now owns 1,971 shares of the company’s stock worth $235,000 after purchasing an additional 97 shares during the period. Wealthquest Corp raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the second quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock worth $246,000 after purchasing an additional 99 shares during the period. Finally, King Wealth Management Group lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the second quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock valued at $260,000 after purchasing an additional 103 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2%

NASDAQ:IEI opened at $119.08 on Monday. The stock has a fifty day simple moving average of $119.56 and a 200 day simple moving average of $119.33. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3711 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

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). 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.