Orion Porfolio Solutions LLC Sells 17,959 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Orion Porfolio Solutions LLC reduced its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 159,832 shares of the company’s stock after selling 17,959 shares during the period. Orion Porfolio Solutions LLC owned 0.12% of iShares 3-7 Year Treasury Bond ETF worth $19,034,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Wit LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 273,238.0% in the 1st 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 period. Armstrong Advisory Group Inc. boosted its holdings in 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 in the last quarter. Benjamin Edwards Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 399.4% in the second quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock worth $70,839,000 after acquiring an additional 475,718 shares in the last quarter. School Employees Retirement Board of Ohio acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $50,074,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% during the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after acquiring an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $119.36 on Friday. The company has a fifty day simple moving average of $119.76 and a 200 day simple moving average of $119.08. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a $0.3502 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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).