Penobscot Investment Management Company Inc. Cuts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Penobscot Investment Management Company Inc. reduced its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 13,347 shares of the company’s stock after selling 88 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,590,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wit LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 273,238.0% during the first quarter. Wit LLC now owns 4,802,548 shares of the company’s stock valued at $567,373,000 after buying an additional 4,800,791 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock worth $1,431,677,000 after acquiring an additional 1,652,996 shares during the period. National Bank of Canada FI raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 56.2% in the first quarter. National Bank of Canada FI now owns 1,892,895 shares of the company’s stock worth $223,586,000 after acquiring an additional 681,364 shares during the period. Armstrong Advisory Group Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 141.4% in the second quarter. Armstrong Advisory Group Inc. now owns 942,234 shares of the company’s stock worth $112,211,000 after acquiring an additional 551,950 shares during the period. Finally, School Employees Retirement Board of Ohio acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $50,074,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1%

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.35 on Friday. The firm has a 50-day simple moving average of $119.29 and a two-hundred day simple moving average of $118.42. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.3462 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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).