iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Stake Reduced by Parker Financial LLC

Parker Financial LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,845 shares of the company’s stock after selling 791 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.4% of Parker Financial LLC’s investment portfolio, making the stock its 14th largest holding. Parker Financial LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,324,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Nemes Rush Group LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $25,000. Tyler Stone Wealth Management acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $29,000. Kozak & Associates Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $31,000. ICA Group Wealth Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $33,000. Finally, Baystate Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 195.1% during the second quarter. Baystate Wealth Management LLC now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 201 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ:IEI traded up $0.24 during trading on Wednesday, reaching $115.98. The company had a trading volume of 1,101,647 shares, compared to its average volume of 1,889,679. The firm’s fifty day moving average is $115.89 and its 200 day moving average is $114.93. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $111.45 and a twelve month high of $119.57.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were paid a dividend of $0.2749 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.30 annualized dividend and a yield of 2.84%.

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).