iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by School Employees Retirement Board of Ohio

School Employees Retirement Board of Ohio lowered its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 34.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 246,924 shares of the company’s stock after selling 131,141 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up 8.3% of School Employees Retirement Board of Ohio’s portfolio, making the stock its 3rd biggest position. School Employees Retirement Board of Ohio owned approximately 0.17% of iShares 3-7 Year Treasury Bond ETF worth $28,011,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of IEI. Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the period. Assetmark Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 9.8% in the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after purchasing an additional 300,397 shares in the last quarter. Royal Bank of Canada increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock valued at $132,004,000 after purchasing an additional 5,121 shares in the last quarter. Strategic Point Investment Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 4.3% in the second quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock worth $78,359,000 after purchasing an additional 27,780 shares during the period. Finally, Waverly Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 2.9% in the second quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock worth $55,009,000 after purchasing an additional 13,312 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI opened at $114.79 on Friday. The company’s fifty day moving average is $114.77 and its 200-day moving average is $116.43. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $112.88 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.