Royal Fund Management LLC Lowers Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Royal Fund Management LLC reduced its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 59.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,083 shares of the company’s stock after selling 8,956 shares during the quarter. Royal Fund Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $705,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after buying an additional 180 shares during the period. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $27,000. Coston McIsaac & Partners increased its holdings in iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd 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. raised its position 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 period. Finally, PSI Advisors LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 76.7% in the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares during the period.

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

Shares of NASDAQ IEI opened at $115.75 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33. The business has a 50-day moving average of $115.87 and a 200-day moving average of $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3303 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).