75,652 Shares of iShares 3-7 Year Treasury Bond ETF $IEI Bought by Community Trust & Investment Co.

Community Trust & Investment Co. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, HoldingsChannel reports. The firm bought 75,652 shares of the company’s stock, valued at approximately $8,582,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cardinal Strategic Wealth Guidance bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth about $25,000. Howe & Rusling Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 111.0% during the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the last quarter. Nvwm LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $38,000. BankChampaign National Association bought a new position in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at about $54,000. Finally, SHP Wealth Management acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $59,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $114.09 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.88 and a 1 year high of $120.78. The business’s 50 day simple moving average is $114.99 and its 200 day simple moving average is $116.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

iShares 3-7 Year Treasury Bond ETF 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). 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.