BNP Paribas Financial Markets Sells 4,639 Shares of iShares 3-7 Year Treasury Bond ETF

On December 2, 2024, it was reported that BNP Paribas Financial Markets has reduced its holdings in the iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.1% during the third quarter of the year. Following the sale of 4,639 shares, BNP Paribas Financial Markets now owns a total of 108,768 shares of the ETF. As of the end of this reporting period, the value of their holdings was estimated at $13,009,000.

Additionally, various other hedge funds are adjusting their investments in the iShares 3-7 Year Treasury Bond ETF. For example, Bogart Wealth LLC increased its stake significantly by 400.0%, now holding 225 shares valued at $27,000 after buying 180 more shares during the last quarter. Coston McIsaac & Partners also boosted their holdings by 113.0%, ending the third quarter with 294 shares worth $35,000 after acquiring an additional 156 shares.

Furthermore, Richardson Financial Services Inc. showed remarkable growth in their investment, enhancing their stake by 494.1%, resulting in ownership of 303 shares valued at $36,000 after purchasing an additional 252 shares. Rothschild Investment LLC established a new position in the fund during the second quarter, valued at $38,000. Castleview Partners LLC also increased their holdings by 65.2% during the third quarter, now owning 337 shares worth $40,000 after a purchase of 133 additional shares.

Performance of iShares 3-7 Year Treasury Bond ETF

On the opening of the market on Monday, the price of the iShares 3-7 Year Treasury Bond ETF was $117.13. Over the past twelve months, the ETF has recorded a low of $113.16 and a high of $120.33. Its fifty-day moving average sits at $117.36, closely aligned with its 200-day moving average of $117.12.

Dividend Announcement from iShares 3-7 Year Treasury Bond ETF

Recently, the iShares 3-7 Year Treasury Bond ETF announced an increase in its monthly dividend. The declared dividend of $0.3203 was issued on November 6th, benefiting stockholders who were on record as of November 1st. This increase marks an adjustment from the previous monthly dividend of $0.32, leading to an annualized dividend yield of $3.84, which translates to a 3.28% return for shareholders.

About iShares 3-7 Year Treasury Bond ETF

The iShares 3-7 Year Treasury Bond ETF is an exchange-traded fund that aims to reflect investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index. Previously known as the iShares Barclays 3-7 Year Treasury Bond Fund, it offers investors exposure to government bonds within that maturity range.

BNP, Paribas, ETF