Strategic Point Investment Advisors LLC Has $69.62 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Strategic Point Investment Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 584,631 shares of the company’s stock after acquiring an additional 3,656 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up approximately 10.7% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 2nd biggest holding. Strategic Point Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $69,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEI. Beacon Capital Management LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at $36,000. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $36,000. Crews Bank & Trust raised its holdings in iShares 3-7 Year Treasury Bond ETF by 487.0% in the 1st quarter. Crews Bank & Trust now owns 317 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 354.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 377 shares of the company’s stock worth $45,000 after purchasing an additional 294 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $119.78 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $114.51 and a 12 month high of $120.29. The firm has a fifty day simple moving average of $119.39 and a two-hundred day simple moving average of $118.49.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3462 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.5%.

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).