MAS Advisors LLC Trims Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

MAS Advisors LLC decreased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 20.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,925 shares of the company’s stock after selling 7,820 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 5.7% of MAS Advisors LLC’s holdings, making the stock its 3rd largest position. MAS Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,576,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Procyon Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter worth $291,000. Exchange Traded Concepts LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $7,628,000. Worth Asset Management LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 30.0% in the 2nd quarter. Worth Asset Management LLC now owns 52,190 shares of the company’s stock valued at $6,215,000 after buying an additional 12,056 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Finally, International Private Wealth Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 29.4% during the 2nd quarter. International Private Wealth Advisors LLC now owns 9,702 shares of the company’s stock valued at $1,155,000 after buying an additional 2,207 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2%

IEI opened at $119.08 on Friday. The company’s 50-day moving average price is $119.56 and its 200 day moving average price is $119.32. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $115.18 and a fifty-two week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.3711 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.7%.

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). 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.