Mercer Global Advisors Inc. ADV Sells 2,764 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Mercer Global Advisors Inc. ADV decreased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.7% in the 4th quarter, Holdings Channel reports. The fund owned 23,055 shares of the company’s stock after selling 2,764 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,664,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEI. Raymond James Financial Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $165,416,000. JPMorgan Chase & Co. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock worth $1,209,267,000 after purchasing an additional 842,335 shares in the last quarter. National Bank of Canada FI boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 158.6% during the fourth quarter. National Bank of Canada FI now owns 1,211,531 shares of the company’s stock worth $140,113,000 after purchasing an additional 743,111 shares during the last quarter. Mariner LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 808.4% in the fourth quarter. Mariner LLC now owns 583,032 shares of the company’s stock valued at $67,369,000 after purchasing an additional 518,852 shares in the last quarter. Finally, Tanglewood Wealth Management Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 32.8% in the 4th quarter. Tanglewood Wealth Management Inc. now owns 1,454,378 shares of the company’s stock valued at $168,053,000 after buying an additional 359,189 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $118.19 on Wednesday. The company’s 50-day moving average price is $117.89 and its two-hundred day moving average price is $116.70. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.85 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a dividend of $0.335 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $4.02 annualized dividend and a yield of 3.40%.

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).