Duncan Williams Asset Management LLC Increases Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Duncan Williams Asset Management LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.1% in the fourth quarter, Holdings Channel reports. The fund owned 2,413 shares of the company’s stock after acquiring an additional 116 shares during the quarter. Duncan Williams Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Insigneo Advisory Services LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $214,000. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 258.1% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 70,217 shares of the company’s stock worth $8,108,000 after purchasing an additional 50,607 shares during the last quarter. Ascent Group LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 8.5% during the second quarter. Ascent Group LLC now owns 27,487 shares of the company’s stock valued at $3,174,000 after acquiring an additional 2,158 shares during the last quarter. Forefront Analytics LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 29.4% in the 2nd quarter. Forefront Analytics LLC now owns 11,884 shares of the company’s stock worth $1,372,000 after buying an additional 2,702 shares during the last quarter. Finally, Creative Planning increased its position in iShares 3-7 Year Treasury Bond ETF by 0.7% during the 2nd quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after purchasing an additional 12,186 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $115.65 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $113.16 and a twelve month high of $120.33. The stock’s 50 day moving average is $115.85 and its 200 day moving average is $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3303 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a yield of 3.43%.

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).