Central Pacific Bank Trust Division Invests $1.44 Million in iShares 3-7 Year Treasury Bond ETF $IEI

Central Pacific Bank Trust Division purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, HoldingsChannel reports. The firm purchased 12,026 shares of the company’s stock, valued at approximately $1,435,000.

Several other institutional investors have also made changes to their positions in the stock. Global Retirement Partners LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 20.7% during the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock worth $3,445,000 after acquiring an additional 4,938 shares during the period. MBL Wealth LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock valued at $25,071,000 after acquiring an additional 9,581 shares during the period. TD Waterhouse Canada Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 94.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock valued at $1,116,000 after acquiring an additional 4,537 shares during the period. DAVENPORT & Co LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 14.9% during the 3rd quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock worth $7,676,000 after purchasing an additional 8,353 shares in the last quarter. Finally, WestEnd Advisors LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 13.8% in the third quarter. WestEnd Advisors LLC now owns 1,155,466 shares of the company’s stock worth $138,091,000 after purchasing an additional 139,823 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $118.08 on Friday. The stock’s fifty day moving average is $119.42 and its 200 day moving average is $119.58. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.62 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.3312 per share. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Monday, March 2nd.

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.