Sovran Advisors LLC Takes $547,000 Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sovran Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,768 shares of the company’s stock, valued at approximately $547,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 0.7% during the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after acquiring an additional 88 shares during the period. Robinson Value Management Ltd. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% during the third quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock worth $2,669,000 after buying an additional 100 shares in the last quarter. RFG Advisory LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 5.5% in the 4th quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock valued at $236,000 after acquiring an additional 106 shares during the last quarter. Stephens Inc. AR increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 20,105 shares of the company’s stock valued at $2,405,000 after purchasing an additional 115 shares during the last quarter. Finally, Duncan Williams Asset Management LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.1% during the 4th quarter. Duncan Williams Asset Management LLC now owns 2,413 shares of the company’s stock worth $279,000 after acquiring an additional 116 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.4 %

Shares of IEI stock opened at $115.28 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33. The firm’s 50-day moving average is $115.71 and its two-hundred day moving average is $117.21.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3292 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).