Raub Brock Capital Management LP Reduces Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Raub Brock Capital Management LP lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 143,683 shares of the company’s stock after selling 6,225 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 3.5% of Raub Brock Capital Management LP’s portfolio, making the stock its 20th biggest position. Raub Brock Capital Management LP owned about 0.13% of iShares 3-7 Year Treasury Bond ETF worth $16,640,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Hexagon Capital Partners LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares during the last quarter. Howe & Rusling Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Kozak & Associates Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. Halpern Financial Inc. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $32,000. Finally, Scarborough Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000.

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

Shares of IEI traded up $0.27 during midday trading on Tuesday, hitting $115.00. 217,261 shares of the stock were exchanged, compared to its average volume of 1,621,324. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $111.45 and a 52-week high of $117.79. The stock has a fifty day simple moving average of $114.78 and a 200 day simple moving average of $115.47.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.3012 dividend. This represents a $3.61 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Monday, July 1st.

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).