Welch Group LLC Raises Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Welch Group LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 216.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,385 shares of the company’s stock after acquiring an additional 8,468 shares during the period. Welch Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,469,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Country Trust Bank purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Cardinal Strategic Wealth Guidance purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $26,000. Asset Dedication LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $28,000. Finally, Key Capital Management INC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $117.81 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.51 and a 1 year high of $120.78. The company’s 50 day simple moving average is $117.58 and its 200 day simple moving average is $118.64.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3694 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.8%.

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.