iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Stake Trimmed by Berkshire Bank

Berkshire Bank lessened its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 162,641 shares of the company’s stock after selling 9,792 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 4.4% of Berkshire Bank’s portfolio, making the stock its 5th largest position. Berkshire Bank owned 0.12% of iShares 3-7 Year Treasury Bond ETF worth $18,793,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IEI. Bogart Wealth LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% during the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after buying an additional 180 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $27,000. Coston McIsaac & Partners boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 113.0% in the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after purchasing an additional 156 shares in the last quarter. Richardson Financial Services Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares during the last quarter. Finally, PSI Advisors LLC raised its holdings 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 in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4 %

Shares of NASDAQ:IEI opened at $116.11 on Tuesday. The company’s fifty day moving average price is $115.86 and its 200 day moving average price is $117.26. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3303 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.41%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date 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).