Bank of New York Mellon Corp Buys 34,954 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Bank of New York Mellon Corp increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.5% during the first quarter, HoldingsChannel.com reports. The firm owned 447,982 shares of the company’s stock after buying an additional 34,954 shares during the period. Bank of New York Mellon Corp’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $53,131,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IEI. Country Trust Bank bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $25,000. Cardinal Strategic Wealth Guidance bought a new position in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $25,000. Howe & Rusling Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.0% during the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 111 shares in the last quarter. Kingdom Financial Group LLC. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $26,000. Finally, Key Capital Management INC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $28,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2%

Shares of IEI stock opened at $116.16 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.07 and a 52-week high of $120.78. The business’s fifty day moving average is $117.07 and its 200 day moving average is $118.30.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

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