Arete Wealth Advisors LLC Has $901,000 Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Arete Wealth Advisors LLC cut its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,803 shares of the company’s stock after selling 369 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $901,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. D L Carlson Investment Group Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.3% in the fourth quarter. D L Carlson Investment Group Inc. now owns 27,333 shares of the company’s stock valued at $3,158,000 after purchasing an additional 95 shares in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 1.2% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 8,034 shares of the company’s stock valued at $928,000 after buying an additional 99 shares during the period. FFT Wealth Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% in the 4th quarter. FFT Wealth Management LLC now owns 9,131 shares of the company’s stock valued at $1,055,000 after buying an additional 99 shares in the last quarter. LGL Partners LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% during the 4th quarter. LGL Partners LLC now owns 9,131 shares of the company’s stock worth $1,055,000 after acquiring an additional 99 shares during the period. Finally, WealthShield Partners LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 33.7% during the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after acquiring an additional 100 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $119.10 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 company’s 50-day simple moving average is $116.94 and its 200 day simple moving average is $116.83.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.3417 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.44%.

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).