iShares 3-7 Year Treasury Bond ETF $IEI Stock Position Boosted by Hilltop Holdings Inc.

Hilltop Holdings Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 184.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 58,168 shares of the company’s stock after buying an additional 37,718 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 0.6% of Hilltop Holdings Inc.’s holdings, making the stock its 29th largest position. Hilltop Holdings Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEI. RMG Wealth Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $76,000. Monograph Wealth Advisors LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $667,000. Transmarket Holdings LP raised its holdings in iShares 3-7 Year Treasury Bond ETF by 599.2% during the first quarter. Transmarket Holdings LP now owns 51,067 shares of the company’s stock worth $6,057,000 after purchasing an additional 43,763 shares in the last quarter. HORAN Wealth LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the first quarter worth approximately $949,000. Finally, Madison Asset Management LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 0.7% in the first quarter. Madison Asset Management LLC now owns 37,408 shares of the company’s stock worth $4,437,000 after purchasing an additional 257 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1%

Shares of NASDAQ IEI opened at $116.33 on Friday. The stock has a fifty day moving average price of $117.06 and a two-hundred day moving average price of $118.28. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.07 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3625 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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). 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.