Vestmark Advisory Solutions Inc. Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Vestmark Advisory Solutions Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 3,247 shares of the company’s stock, valued at approximately $387,000.

Other large investors have also modified their holdings of the company. Beacon Capital Management LLC increased its holdings in 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 purchasing an additional 107 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Avion Wealth raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% during the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after acquiring an additional 114 shares in the last quarter. LRI Investments LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 231.1% in the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after purchasing an additional 171 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $119.53 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $114.51 and a 52-week high of $120.42. The stock’s 50 day moving average price is $119.75 and its 200 day moving average price is $118.79.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.3662 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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).