AlTi Global Inc. Sells 4,621 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

AlTi Global Inc. trimmed its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 34.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 8,788 shares of the company’s stock after selling 4,621 shares during the period. AlTi Global Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,042,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IEI. Country Trust Bank purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Howe & Rusling Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 111.0% in the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 111 shares during the last quarter. Cardinal Strategic Wealth Guidance purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at about $25,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $26,000. Finally, Key Capital Management INC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $28,000.

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

Shares of NASDAQ:IEI opened at $116.76 on Tuesday. The company has a 50-day moving average price of $117.14 and a 200-day moving average price of $118.36. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.43 and a 12 month high of $120.78.

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 given a dividend of $0.3625 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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.