Studio Investment Management LLC Has $212,000 Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Studio Investment Management LLC reduced its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 84.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,772 shares of the company’s stock after selling 9,635 shares during the period. Studio Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after acquiring an additional 4,523,903 shares during the period. Clarity Financial LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 126.8% in the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after purchasing an additional 735,931 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 399.4% during the 2nd quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock worth $70,839,000 after purchasing an additional 475,718 shares in the last quarter. Dynasty Wealth Management LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 120.8% during the 3rd quarter. Dynasty Wealth Management LLC now owns 593,126 shares of the company’s stock valued at $70,885,000 after purchasing an additional 324,503 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 12.4% during the 3rd quarter. Assetmark Inc. now owns 2,862,009 shares of the company’s stock valued at $342,039,000 after purchasing an additional 315,648 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $120.02 on Friday. The company’s 50-day moving average price is $119.40 and its two-hundred day moving average price is $119.52. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.10 and a 12 month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.367 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.