Robinson Value Management Ltd. Has $2.55 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Robinson Value Management Ltd. trimmed its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.4% during the second quarter, Holdings Channel reports. The firm owned 21,370 shares of the company’s stock after selling 975 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 1.6% of Robinson Value Management Ltd.’s holdings, making the stock its 24th biggest holding. Robinson Value Management Ltd.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,545,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Beacon Capital Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares in the last quarter. LRI Investments LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% during the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $36,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $36,000. Finally, Crews Bank & Trust increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 487.0% during the 1st quarter. Crews Bank & Trust now owns 317 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $120.18 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.37. The firm has a 50-day moving average price of $119.50 and a 200 day moving average price of $118.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3462 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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).