Hoese & Co LLP Buys 169,694 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Hoese & Co LLP grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 824.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 190,278 shares of the company’s stock after purchasing an additional 169,694 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 19.1% of Hoese & Co LLP’s portfolio, making the stock its biggest position. Hoese & Co LLP’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $21,987,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IEI. Kelly Financial Services LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $234,000. Shelton Wealth Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 584.9% during the fourth quarter. Shelton Wealth Management LLC now owns 35,745 shares of the company’s stock worth $4,130,000 after acquiring an additional 30,526 shares during the last quarter. Premier Path Wealth Partners LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.5% in the 4th quarter. Premier Path Wealth Partners LLC now owns 61,395 shares of the company’s stock valued at $7,094,000 after acquiring an additional 2,617 shares during the period. Alhambra Investment Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 18.4% in the 4th quarter. Alhambra Investment Management LLC now owns 3,222 shares of the company’s stock valued at $372,000 after acquiring an additional 500 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $2,165,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $115.56 on Tuesday. The firm’s fifty day moving average is $115.87 and its two-hundred day moving average is $117.27. 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 business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3303 dividend. This represents a $3.96 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

About iShares 3-7 Year Treasury Bond ETF

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).