Creative Planning Sells 180,157 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Creative Planning cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Rating) by 7.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,285,697 shares of the company’s stock after selling 180,157 shares during the quarter. Creative Planning owned 2.09% of iShares 3-7 Year Treasury Bond ETF worth $262,606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Roble Belko & Company Inc bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. First Capital Advisors Group LLC. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $44,000. Private Ocean LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 802.4% during the 4th quarter. Private Ocean LLC now owns 379 shares of the company’s stock worth $44,000 after purchasing an additional 337 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $48,000. Finally, Capital Analysts LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 164.5% during the 4th quarter. Capital Analysts LLC now owns 484 shares of the company’s stock worth $56,000 after acquiring an additional 301 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI traded down $0.23 during mid-day trading on Friday, hitting $115.82. 823,337 shares of the company’s stock were exchanged, compared to its average volume of 1,869,670. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.26 and a 52 week high of $121.47. The company has a 50-day simple moving average of $117.85 and a 200 day simple moving average of $116.84.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were paid a dividend of $0.201 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.19. This represents a $2.41 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Monday, May 1st.

About iShares 3-7 Year Treasury Bond ETF

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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).