iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by AmeriServ Wealth Advisors

AmeriServ Wealth Advisors trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 28.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 129,713 shares of the company’s stock after selling 52,013 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 9.0% of AmeriServ Wealth Advisors’ portfolio, making the stock its 3rd biggest position. AmeriServ Wealth Advisors’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $15,481,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Country Trust Bank acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $26,000. Key Capital Management INC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $28,000. Asset Dedication LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $28,000. Finally, Ancora Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $117.23 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78. The stock’s 50 day moving average price is $118.02 and its 200 day moving average price is $118.99.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be given a dividend of $0.3694 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date is Monday, June 1st.

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.