PFG Advisors Has $6.03 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

PFG Advisors increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 65.2% during the fourth quarter, HoldingsChannel reports. The fund owned 50,517 shares of the company’s stock after buying an additional 19,929 shares during the period. PFG Advisors’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,029,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEI. Country Trust Bank acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $25,000. Asset Dedication LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $28,000. Key Capital Management INC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $28,000. Ancora Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% during the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the period. Finally, AlphaCore Capital LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after acquiring an additional 251 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $118.92 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.89 and a 12 month high of $120.78. The company’s fifty day simple moving average is $119.10 and its 200 day simple moving average is $119.39.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.3615 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Wednesday, April 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.