Montecito Bank & Trust Has $1.22 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Montecito Bank & Trust lowered its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,566 shares of the company’s stock after selling 1,243 shares during the period. Montecito Bank & Trust’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,221,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IEI. Patriot Investment Management Group Inc. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after acquiring an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after buying an additional 88 shares during the period. TAP Consulting LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% in the 3rd quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock valued at $1,359,000 after buying an additional 91 shares during the last quarter. Robinson Value Management Ltd. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the third quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock valued at $2,669,000 after buying an additional 100 shares during the period. Finally, Stephens Inc. AR raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% during the third quarter. Stephens Inc. AR now owns 20,105 shares of the company’s stock worth $2,405,000 after acquiring an additional 115 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1 %

Shares of IEI stock opened at $115.46 on Friday. The business’s 50 day simple moving average is $115.86 and its 200 day simple moving average is $117.26. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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).