iShares 3-7 Year Treasury Bond ETF $IEI Stock: Invested Advisors Boosts Stake

Invested Advisors boosted its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 225.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,148 shares of the company’s stock after purchasing an additional 5,646 shares during the quarter. Invested Advisors’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $924,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IEI. Bond & Devick Financial Network Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.0% in the third quarter. Bond & Devick Financial Network Inc. now owns 117,425 shares of the company’s stock worth $13,321,000 after buying an additional 6,697 shares in the last quarter. Citizens Financial Group Inc. RI bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $16,879,000. Simplicity Wealth LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.5% during the third quarter. Simplicity Wealth LLC now owns 9,053 shares of the company’s stock worth $1,027,000 after acquiring an additional 931 shares during the last quarter. Sowell Financial Services LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $1,489,000. Finally, Evergreen Capital Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at $104,931,000.

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

IEI opened at $114.67 on Friday. The company has a fifty day moving average of $114.73 and a 200 day moving average of $116.42. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.