Great Diamond Partners LLC Reduces Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Great Diamond Partners LLC reduced its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,379 shares of the company’s stock after selling 2,863 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 1.3% of Great Diamond Partners LLC’s portfolio, making the stock its 19th largest position. Great Diamond Partners LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,897,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IEI. Patriot Investment Management Group Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after purchasing an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after buying an additional 88 shares during the last quarter. TAP Consulting LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 0.8% in the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock valued at $1,359,000 after acquiring an additional 91 shares in the last quarter. Robinson Value Management Ltd. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 0.5% during the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock valued at $2,669,000 after acquiring an additional 100 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 5.5% during the 4th quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock worth $236,000 after acquiring an additional 106 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $116.13 on Friday. 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 simple moving average is $115.86 and its 200-day simple moving average is $117.24.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.3303 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.96 annualized dividend and a yield of 3.41%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).