Mount Lucas Management LP Decreases Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Mount Lucas Management LP trimmed its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 42.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,953 shares of the company’s stock after selling 16,803 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 1.1% of Mount Lucas Management LP’s holdings, making the stock its 19th biggest holding. Mount Lucas Management LP’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,743,000 at the end of the most recent quarter.

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

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $120.27 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $116.62 and a fifty-two week high of $120.43. The stock’s 50-day simple moving average is $119.44 and its 200-day simple moving average is $119.55.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.367 per share. This represents a c) annualized dividend 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.