Tortoise Investment Management LLC Sells 1,195 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Tortoise Investment Management LLC reduced its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIFree Report) by 84.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 220 shares of the company’s stock after selling 1,195 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $26,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IEI. JPMorgan Chase & Co. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 73.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,107,995 shares of the company’s stock worth $1,935,941,000 after buying an additional 7,218,653 shares during the period. Cerity Partners LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 75.6% in the 4th quarter. Cerity Partners LLC now owns 2,229,435 shares of the company’s stock worth $261,134,000 after acquiring an additional 960,139 shares in the last quarter. Morgan Stanley raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 21.2% in the 3rd quarter. Morgan Stanley now owns 3,632,667 shares of the company’s stock worth $411,073,000 after acquiring an additional 636,492 shares in the last quarter. FMR LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 22.4% in the 3rd quarter. FMR LLC now owns 2,736,542 shares of the company’s stock worth $309,667,000 after acquiring an additional 501,238 shares in the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $48,111,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:IEI traded up $0.08 during trading on Friday, hitting $115.87. The stock had a trading volume of 978,795 shares, compared to its average volume of 1,690,104. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $111.45 and a 12 month high of $117.79. The firm’s fifty day moving average is $114.40 and its 200 day moving average is $115.47.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.2992 dividend. This represents a $3.59 annualized dividend and a dividend yield of 3.10%. The ex-dividend date was Monday, June 3rd.

About iShares 3-7 Year Treasury Bond ETF

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

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