Belleair Asset Management LLC Takes Position in iShares 3-7 Year Treasury Bond ETF $IEI

Belleair Asset Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 16,654 shares of the company’s stock, valued at approximately $1,988,000. iShares 3-7 Year Treasury Bond ETF accounts for about 1.9% of Belleair Asset Management LLC’s holdings, making the stock its 15th largest position.

A number of other institutional investors also recently modified their holdings of IEI. HUB Investment Partners LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 25.7% in the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock valued at $295,000 after purchasing an additional 506 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $5,313,000. Camarda Financial Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 15.4% in the 2nd quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock valued at $934,000 after purchasing an additional 1,049 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after purchasing an additional 290,112 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock valued at $11,362,000 after purchasing an additional 90,367 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

NASDAQ:IEI opened at $118.23 on Friday. The firm’s fifty day moving average is $118.87 and its 200-day moving average is $119.34. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.89 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.3615 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

About iShares 3-7 Year Treasury Bond ETF

(Free Report)

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Further Reading

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Institutional Ownership by Quarter for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

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