Axxcess Wealth Management LLC Cuts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Axxcess Wealth Management LLC decreased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 60.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,520 shares of the company’s stock after selling 57,877 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,450,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asempa Wealth Advisors bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $926,000. Spartan Planning & Wealth Management lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 192.4% in the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after purchasing an additional 89,526 shares during the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $1,435,000. D.A. Davidson & CO. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 85.4% in the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock worth $9,034,000 after purchasing an additional 34,864 shares during the period. Finally, 4J Wealth Management LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 28.7% during the 4th quarter. 4J Wealth Management LLC now owns 54,012 shares of the company’s stock valued at $6,446,000 after purchasing an additional 12,060 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $116.68 on Thursday. The stock’s fifty day moving average is $117.33 and its 200 day moving average is $118.50. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $116.51 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

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

iShares 3-7 Year Treasury Bond ETF Company 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.