Charles Schwab Investment Management Inc. Sells 13,264 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Charles Schwab Investment Management Inc. reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.2% during the 1st quarter, HoldingsChannel reports. The fund owned 1,061,970 shares of the company’s stock after selling 13,264 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $125,456,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $36,000. Crews Bank & Trust grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 487.0% during the first quarter. Crews Bank & Trust now owns 317 shares of the company’s stock valued at $37,000 after buying an additional 263 shares during the last quarter. NBC Securities Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at approximately $38,000. Webster Bank N. A. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 458.3% during the first quarter. Webster Bank N. A. now owns 335 shares of the company’s stock valued at $40,000 after buying an additional 275 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 354.2% during the first quarter. Cullen Frost Bankers Inc. now owns 377 shares of the company’s stock valued at $45,000 after buying an additional 294 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.0%

IEI opened at $118.75 on Tuesday. The stock’s 50 day moving average price is $118.21 and its 200-day moving average price is $117.67. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.51 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were issued a $0.3506 dividend. The ex-dividend date was Friday, August 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.34.

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).