M&T Bank Corp Trims Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

M&T Bank Corp reduced its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 102,662 shares of the company’s stock after selling 8,418 shares during the period. M&T Bank Corp’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $12,279,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Patriot Investment Management Group Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after acquiring an additional 85 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% during the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after purchasing an additional 88 shares during the last quarter. TAP Consulting LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after purchasing an additional 91 shares during the period. Robinson Value Management Ltd. grew its position in iShares 3-7 Year Treasury Bond ETF by 0.5% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock valued at $2,669,000 after buying an additional 100 shares during the last quarter. Finally, Blair William & Co. IL increased its stake in iShares 3-7 Year Treasury Bond ETF by 1.5% in the 2nd quarter. Blair William & Co. IL now owns 7,405 shares of the company’s stock valued at $855,000 after buying an additional 108 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $115.34 on Friday. The company has a fifty day moving average of $116.60 and a 200-day moving average of $117.28. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th will be issued a $0.3303 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Wednesday, December 18th. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).