4,588 iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC trimmed its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.7% during the third quarter, Holdings Channel reports. The institutional investor owned 38,189 shares of the company’s stock after selling 4,588 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,332,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% in 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 in the last quarter. Assetmark Inc. lifted 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 worth $397,598,000 after acquiring an additional 300,397 shares during the last quarter. Greenleaf Trust acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $52,932,000. Royal Bank of Canada grew its holdings in iShares 3-7 Year Treasury Bond ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock worth $132,004,000 after acquiring an additional 5,121 shares in the last quarter. Finally, Strategic Point Investment Advisors LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock worth $78,359,000 after acquiring an additional 27,780 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $114.24 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78. The company’s 50 day moving average is $114.95 and its two-hundred day moving average is $116.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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). 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.