Janney Montgomery Scott LLC Lowers Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Janney Montgomery Scott LLC trimmed its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,846,556 shares of the company’s stock after selling 83,172 shares during the period. Janney Montgomery Scott LLC owned 1.44% of iShares 3-7 Year Treasury Bond ETF worth $213,370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bogart Wealth LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after buying an additional 180 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $27,000. Coston McIsaac & Partners increased its position in iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the last quarter. Richardson Financial Services Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares during the last quarter. Finally, PSI Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after purchasing an additional 145 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $115.55 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.16 and a 12-month high of $120.33. The company has a 50-day moving average price of $115.86 and a 200 day moving average price of $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3303 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend was Wednesday, December 18th.

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).