Royal Fund Management LLC Decreases Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Royal Fund Management LLC trimmed its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 59.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,083 shares of the company’s stock after selling 8,956 shares during the quarter. Royal Fund Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $705,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of IEI. Captrust Financial Advisors grew its holdings in iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after acquiring an additional 2,632,906 shares in the last quarter. National Bank of Canada FI lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2,099.1% during the third quarter. National Bank of Canada FI now owns 468,420 shares of the company’s stock worth $56,025,000 after purchasing an additional 447,119 shares during the last quarter. LPL Financial LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 23.0% in the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock worth $213,546,000 after purchasing an additional 334,081 shares in the last quarter. Clarity Financial LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 100.2% in the third quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock valued at $64,571,000 after buying an additional 270,178 shares during the last quarter. Finally, SkyView Investment Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $29,676,000.

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

NASDAQ:IEI opened at $115.75 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33. The business’s 50 day moving average is $115.87 and its two-hundred day moving average is $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.3303 per share. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a yield of 3.42%.

About iShares 3-7 Year Treasury Bond ETF

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).