Dock Street Asset Management Inc. Increases Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Dock Street Asset Management Inc. increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 42.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,831 shares of the company’s stock after acquiring an additional 13,870 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 0.8% of Dock Street Asset Management Inc.’s holdings, making the stock its 26th largest position. Dock Street Asset Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,601,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in IEI. Salem Investment Counselors Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 94.2% in the 1st quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock worth $35,000 after acquiring an additional 147 shares during the last quarter. Abich Financial Wealth Management LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock worth $38,000 after acquiring an additional 317 shares during the last quarter. Rothschild Investment LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $38,000. Castleview Partners LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 65.2% in the 3rd quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after acquiring an additional 133 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 117.1% in the 2nd quarter. Signaturefd LLC now owns 356 shares of the company’s stock worth $41,000 after acquiring an additional 192 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI traded down $0.13 during mid-day trading on Tuesday, reaching $117.29. 1,150,292 shares of the company traded hands, compared to its average volume of 1,576,376. The company’s fifty day moving average price is $118.97 and its 200-day moving average price is $116.63. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $111.81 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.3197 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).