iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 19.1% during the fourth quarter, Holdings Channel reports. The fund owned 24,197 shares of the company’s stock after selling 5,727 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,796,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after purchasing an additional 404 shares during the last quarter. RFG Advisory LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 5.5% during the fourth quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock worth $236,000 after acquiring an additional 106 shares during the last quarter. MFA Wealth Services acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $5,350,000. Whalen Wealth Management Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 18.3% in the 4th quarter. Whalen Wealth Management Inc. now owns 8,551 shares of the company’s stock valued at $988,000 after acquiring an additional 1,325 shares during the last quarter. Finally, Magnus Financial Group LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.3% during the 4th quarter. Magnus Financial Group LLC now owns 25,141 shares of the company’s stock worth $2,905,000 after purchasing an additional 1,270 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.4 %

Shares of NASDAQ:IEI opened at $116.11 on Tuesday. The business has a fifty day simple moving average of $115.86 and a 200-day simple moving average of $117.26. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.3303 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.41%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).