iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Summit Financial Group Inc.

Summit Financial Group Inc. lessened its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIFree Report) by 1.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,119 shares of the company’s stock after selling 405 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.0% of Summit Financial Group Inc.’s investment portfolio, making the stock its 27th biggest holding. Summit Financial Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,677,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hexagon Capital Partners LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after buying an additional 197 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Kozak & Associates Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Halpern Financial Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Finally, Scarborough Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock traded up $0.32 during trading on Wednesday, hitting $115.88. The company had a trading volume of 1,264,338 shares, compared to its average volume of 1,679,076. The firm has a 50-day moving average price of $114.44 and a 200-day moving average price of $115.47. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $111.45 and a 1-year high of $117.79.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a dividend of $0.2992 per share. This represents a $3.59 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Monday, June 3rd.

About iShares 3-7 Year Treasury Bond ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

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