iShares 3-7 Year Treasury Bond ETF $IEI Stock: Israel Discount Bank of New York Grows Holdings

Israel Discount Bank of New York boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 72.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,024 shares of the company’s stock after buying an additional 10,492 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for about 5.1% of Israel Discount Bank of New York’s portfolio, making the stock its 7th largest holding. Israel Discount Bank of New York’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,839,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of 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 acquiring an additional 2,627,948 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock worth $707,101,000 after acquiring an additional 281,282 shares during the last quarter. Assetmark Inc. boosted its stake in shares of 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 worth $397,598,000 after acquiring an additional 300,397 shares during the last quarter. Wit LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% in the fourth quarter. Wit LLC now owns 2,089,070 shares of the company’s stock worth $249,331,000 after acquiring an additional 59,373 shares during the last quarter. Finally, Greenleaf Trust purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth approximately $52,932,000.

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

Shares of IEI traded down $0.17 during trading hours on Wednesday, hitting $113.39. 859,789 shares of the stock were exchanged, compared to its average volume of 1,856,136. The stock’s 50-day moving average price is $115.10 and its two-hundred day moving average price is $116.63. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.88 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.