Arrien Investments Inc. Buys 15,710 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Arrien Investments Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 353.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,153 shares of the company’s stock after purchasing an additional 15,710 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises about 1.2% of Arrien Investments Inc.’s holdings, making the stock its 17th biggest position. Arrien Investments Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of IEI. Jmac Enterprises LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.6% in the third quarter. Jmac Enterprises LLC now owns 219,696 shares of the company’s stock worth $24,922,000 after acquiring an additional 3,375 shares during the period. Ascent Group LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 6.2% during the 3rd quarter. Ascent Group LLC now owns 34,909 shares of the company’s stock valued at $3,960,000 after purchasing an additional 2,052 shares during the period. JCIC Asset Management Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at approximately $113,000. One Day In July LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 326.2% during the 3rd quarter. One Day In July LLC now owns 110,530 shares of the company’s stock valued at $12,539,000 after purchasing an additional 84,594 shares during the period. Finally, Associated Banc Corp purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $264,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $115.09 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.88 and a 1-year high of $120.78. The business has a 50 day simple moving average of $114.47 and a two-hundred day simple moving average of $117.09.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.3809 per share. The ex-dividend date is Monday, November 2nd. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a dividend yield of 4.0%.

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.