Envestnet Asset Management Inc. Sells 236,196 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Envestnet Asset Management Inc. cut its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,685,251 shares of the company’s stock after selling 236,196 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $425,831,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IEI. Prudential PLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 3.8% during the fourth quarter. Prudential PLC now owns 57,081 shares of the company’s stock worth $6,596,000 after purchasing an additional 2,100 shares during the last quarter. World Investment Advisors grew its holdings in iShares 3-7 Year Treasury Bond ETF by 40.8% during the 4th quarter. World Investment Advisors now owns 12,408 shares of the company’s stock worth $1,434,000 after acquiring an additional 3,593 shares during the last quarter. SevenBridge Financial Group LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 21.5% during the 4th quarter. SevenBridge Financial Group LLC now owns 22,689 shares of the company’s stock worth $2,627,000 after acquiring an additional 4,011 shares during the last quarter. Potomac Fund Management Inc. ADV acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $403,000. Finally, Cannon Advisors Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.2% in the fourth quarter. Cannon Advisors Inc. now owns 10,147 shares of the company’s stock worth $1,172,000 after acquiring an additional 123 shares during the last quarter.

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

Shares of IEI stock opened at $119.10 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The firm’s 50 day moving average is $116.94 and its 200-day moving average is $116.83.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3417 dividend. This represents a $4.10 annualized dividend and a yield of 3.44%. The ex-dividend date was Tuesday, April 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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).