FLP Wealth Management LLC Sells 7,154 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

FLP Wealth Management LLC decreased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 77.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,032 shares of the company’s stock after selling 7,154 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 0.2% of FLP Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. FLP Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Blueprint Financial Advisors LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 400.2% during the 2nd quarter. Blueprint Financial Advisors LLC now owns 79,814 shares of the company’s stock worth $9,505,000 after acquiring an additional 63,858 shares during the last quarter. Hershey Financial Advisers LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $3,726,000. Clarity Financial LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 126.8% during the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after buying an additional 735,931 shares in the last quarter. HB Wealth Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $240,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 58.4% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 597 shares of the company’s stock valued at $71,000 after buying an additional 220 shares during the period.

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

Shares of IEI opened at $119.31 on Thursday. The stock’s fifty day simple moving average is $119.73 and its 200-day simple moving average is $119.18. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.3711 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.7%.

iShares 3-7 Year Treasury Bond ETF 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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.