Sequoia Financial Advisors LLC Buys 2,007 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Sequoia Financial Advisors LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 58.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,417 shares of the company’s stock after buying an additional 2,007 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $645,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Beacon Capital Management LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the period. Iams Wealth Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.4% in the 2nd quarter. Iams Wealth Management LLC now owns 5,025 shares of the company’s stock valued at $598,000 after purchasing an additional 117 shares during the period. Verger Capital Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.9% in the 2nd quarter. Verger Capital Management LLC now owns 15,062 shares of the company’s stock valued at $1,794,000 after purchasing an additional 132 shares during the period. PrairieView Partners LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 3.9% in the 1st quarter. PrairieView Partners LLC now owns 3,609 shares of the company’s stock valued at $426,000 after purchasing an additional 137 shares during the period. Finally, Woodward Diversified Capital LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 7.3% in the 1st quarter. Woodward Diversified Capital LLC now owns 2,382 shares of the company’s stock valued at $281,000 after purchasing an additional 163 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $120.18 on Monday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.37. The firm has a 50-day moving average price of $119.50 and a two-hundred day moving average price of $118.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3462 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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).