Hsbc Holdings PLC Reduces Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Hsbc Holdings PLC reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 61.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,736 shares of the company’s stock after selling 30,342 shares during the period. Hsbc Holdings PLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,236,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IEI. Compass Financial Group Inc. Ohio purchased a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $5,123,000. Rehmann Capital Advisory Group increased its position in iShares 3-7 Year Treasury Bond ETF by 3.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 48,292 shares of the company’s stock worth $5,764,000 after buying an additional 1,773 shares during the last quarter. SHP Wealth Management purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $59,000. Cogent Strategic Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $1,429,000. Finally, Arwa LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at $262,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ IEI opened at $117.78 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78. The business’s fifty day moving average price is $117.56 and its 200-day moving average price is $118.63.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3694 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.8%.

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.