PNC Financial Services Group Inc. Sells 6,736 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

PNC Financial Services Group Inc. reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 556,559 shares of the company’s stock after selling 6,736 shares during the quarter. PNC Financial Services Group Inc. owned about 0.42% of iShares 3-7 Year Treasury Bond ETF worth $66,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 354.2% during the first quarter. Cullen Frost Bankers Inc. now owns 377 shares of the company’s stock worth $45,000 after acquiring an additional 294 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $32,246,000. Concord Wealth Partners lifted its stake in iShares 3-7 Year Treasury Bond ETF by 1,516.5% in the 1st quarter. Concord Wealth Partners now owns 21,467 shares of the company’s stock worth $2,536,000 after purchasing an additional 20,139 shares in the last quarter. Woodward Diversified Capital LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 7.3% in the 1st quarter. Woodward Diversified Capital LLC now owns 2,382 shares of the company’s stock worth $281,000 after purchasing an additional 163 shares in the last quarter. Finally, Bailard Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at about $486,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.50 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.42. The business has a 50-day moving average price of $119.75 and a 200-day moving average price of $118.80.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.3662 per share. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.7%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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).