iShares 3-7 Year Treasury Bond ETF $IEI Shares Bought by Benchmark Financial LLC

Benchmark Financial LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 19.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,980 shares of the company’s stock after purchasing an additional 10,590 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 6.9% of Benchmark Financial LLC’s investment portfolio, making the stock its 4th biggest holding. Benchmark Financial LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $7,707,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEI. Asempa Wealth Advisors purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $926,000. Spartan Planning & Wealth Management increased its stake in iShares 3-7 Year Treasury Bond ETF by 192.4% during the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock worth $16,238,000 after buying an additional 89,526 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $1,435,000. D.A. Davidson & CO. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 85.4% in the fourth quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock valued at $9,034,000 after acquiring an additional 34,864 shares in the last quarter. Finally, 4J Wealth Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 28.7% in the fourth quarter. 4J Wealth Management LLC now owns 54,012 shares of the company’s stock valued at $6,446,000 after acquiring an additional 12,060 shares in the last quarter.

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

Shares of IEI opened at $117.81 on Friday. The stock has a 50 day moving average price of $117.58 and a 200 day moving average price of $118.64. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3694 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.8%.

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). 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.