Merit Financial Group LLC Buys 1,909 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Merit Financial Group LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 85.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,133 shares of the company’s stock after acquiring an additional 1,909 shares during the period. Merit Financial Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $484,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IEI. Nemes Rush Group LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 895.5% in the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares in the last quarter. Howe & Rusling Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Kozak & Associates Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. Finally, Halpern Financial Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $32,000.

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

NASDAQ:IEI opened at $114.51 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $111.45 and a twelve month high of $119.19. The company has a fifty day moving average of $114.82 and a 200-day moving average of $115.20.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a $0.2956 dividend. This represents a $3.55 annualized dividend and a yield of 3.10%. The ex-dividend date was Wednesday, May 1st.

iShares 3-7 Year Treasury Bond ETF Company 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).