Canal Capital Management LLC Has $16.54 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Canal Capital Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,540 shares of the company’s stock after purchasing an additional 5,918 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up approximately 2.3% of Canal Capital Management LLC’s holdings, making the stock its 7th biggest position. Canal Capital Management LLC owned about 0.09% of iShares 3-7 Year Treasury Bond ETF worth $16,535,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after buying an additional 4,523,903 shares during the last quarter. Captrust Financial Advisors increased its holdings in iShares 3-7 Year Treasury Bond ETF by 54.6% during the third quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after buying an additional 1,992,633 shares during the last quarter. Financial Engines Advisors L.L.C. raised its position in iShares 3-7 Year Treasury Bond ETF by 5.9% in the third quarter. Financial Engines Advisors L.L.C. now owns 4,253,967 shares of the company’s stock worth $508,392,000 after acquiring an additional 236,652 shares during the period. Envestnet Asset Management Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 9.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,676,586 shares of the company’s stock worth $439,389,000 after acquiring an additional 311,613 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 12.4% during the 3rd quarter. Assetmark Inc. now owns 2,862,009 shares of the company’s stock worth $342,039,000 after acquiring an additional 315,648 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $118.72 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.62 and a 1 year high of $120.78. The firm has a fifty day moving average price of $119.44 and a 200-day moving average price of $119.59.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3312 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.3%.

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). 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.