Wrapmanager Inc. Boosts Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wrapmanager Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,904 shares of the company’s stock after acquiring an additional 4,677 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up 1.7% of Wrapmanager Inc.’s investment portfolio, making the stock its 16th largest position. Wrapmanager Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,806,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IEI. Fortitude Family Office LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $27,000. PSI Advisors LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 76.7% in the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after acquiring an additional 145 shares during the last quarter. WealthShield Partners LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 33.7% in the fourth quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after acquiring an additional 100 shares during the period. Sound Income Strategies LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the fourth quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock valued at $48,000 after acquiring an additional 404 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth about $53,000.

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

IEI opened at $116.63 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The business has a 50 day simple moving average of $115.62 and a two-hundred day simple moving average of $117.09.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.3292 per share. The ex-dividend date of this dividend 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 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).