iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 71.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,069,518 shares of the company’s stock after selling 2,704,110 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $127,920,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after acquiring an additional 180 shares in the last quarter. Coston McIsaac & Partners boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% during the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after buying an additional 252 shares in the last quarter. Abich Financial Wealth Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock worth $38,000 after buying an additional 317 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $116.64 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The firm’s 50 day moving average price is $117.68 and its 200 day moving average price is $117.04.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3203 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, November 1st. This represents a $3.84 annualized dividend and a dividend yield of 3.29%.

iShares 3-7 Year Treasury Bond ETF Company 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).