Beacon Bank & Trust Reduces Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Beacon Bank & Trust cut its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 43.1% during the first quarter, HoldingsChannel reports. The firm owned 22,697 shares of the company’s stock after selling 17,214 shares during the quarter. Beacon Bank & Trust’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,692,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IEI. Ancora Advisors LLC boosted its holdings 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 worth $31,000 after purchasing an additional 85 shares during the period. MorganRosel Wealth Management LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 1.1% during the 4th quarter. MorganRosel Wealth Management LLC now owns 8,248 shares of the company’s stock valued at $984,000 after buying an additional 87 shares during the period. Fortune Financial Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 0.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 26,432 shares of the company’s stock worth $3,155,000 after buying an additional 98 shares during the last quarter. Oxbow Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 4.9% in the fourth quarter. Oxbow Advisors LLC now owns 2,146 shares of the company’s stock worth $256,000 after buying an additional 101 shares during the last quarter. Finally, Rockland Trust Co. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 1.5% during the fourth quarter. Rockland Trust Co. now owns 6,902 shares of the company’s stock worth $824,000 after buying an additional 103 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

IEI stock opened at $117.20 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78. The firm’s fifty day simple moving average is $117.41 and its two-hundred day simple moving average is $118.54.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.3625 per share. The ex-dividend date is Wednesday, July 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.