Courier Capital LLC Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Courier Capital LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 247,656 shares of the company’s stock, valued at approximately $28,094,000. iShares 3-7 Year Treasury Bond ETF comprises 5.3% of Courier Capital LLC’s holdings, making the stock its biggest position. Courier Capital LLC owned about 0.17% of iShares 3-7 Year Treasury Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IEI. NorthCrest Asset Manangement LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 1.3% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 29,297 shares of the company’s stock worth $3,327,000 after acquiring an additional 370 shares during the period. Friday Financial bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $314,000. Valley Wealth Managers Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at about $233,000. Argus Investors Counsel Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $614,000. Finally, CogentBlue Wealth Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 35.0% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 5,715 shares of the company’s stock worth $648,000 after purchasing an additional 1,483 shares in the last quarter.

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

IEI stock traded up $0.09 during midday trading on Tuesday, hitting $113.57. The stock had a trading volume of 2,469,851 shares, compared to its average volume of 1,861,514. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78. The stock has a 50-day simple moving average of $115.16 and a 200 day simple moving average of $116.67.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3683 dividend. The ex-dividend date was Thursday, October 1st. This represents a $4.42 annualized dividend and a dividend yield of 3.9%. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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.