Saxon Interests Inc. Sells 1,006 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Saxon Interests Inc. cut its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,806 shares of the company’s stock after selling 1,006 shares during the quarter. Saxon Interests Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,130,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IEI. Cantor Fitzgerald Investment Advisor L.P boosted its stake in iShares 3-7 Year Treasury Bond ETF by 19.0% during the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 402,446 shares of the company’s stock worth $49,118,000 after acquiring an additional 64,171 shares during the last quarter. Bank of New York Mellon Corp grew its stake in iShares 3-7 Year Treasury Bond ETF by 73.8% in the first quarter. Bank of New York Mellon Corp now owns 116,934 shares of the company’s stock valued at $14,272,000 after acquiring an additional 49,670 shares during the period. BlackRock Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 22.4% in the first quarter. BlackRock Inc. now owns 1,054,669 shares of the company’s stock worth $128,723,000 after acquiring an additional 192,872 shares in the last quarter. Mariner LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth about $1,537,000. Finally, Charles Schwab Investment Advisory Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.6% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 61,581 shares of the company’s stock valued at $7,516,000 after purchasing an additional 5,414 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock traded down $0.10 during mid-day trading on Tuesday, hitting $113.61. 891,468 shares of the company were exchanged, compared to its average volume of 1,768,648. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.26 and a 1-year high of $119.57. The firm’s 50 day simple moving average is $114.57 and its 200 day simple moving average is $116.19.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a dividend of $0.2316 per share. The ex-dividend date was Friday, September 1st. This represents a $2.78 dividend on an annualized basis and a yield of 2.45%.

iShares 3-7 Year Treasury Bond ETF 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).