Nations Financial Group Inc. IA ADV Makes New Investment in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Nations Financial Group Inc. IA ADV bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 32,805 shares of the company’s stock, valued at approximately $3,843,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEI. Nemes Rush Group LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at about $25,000. Hexagon Capital Partners LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares during the period. Howe & Rusling Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Kozak & Associates Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. Finally, Halpern Financial Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI traded up $0.02 during midday trading on Friday, reaching $114.51. 1,568,831 shares of the stock were exchanged, compared to its average volume of 1,766,009. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $111.45 and a twelve month high of $117.79. The firm has a 50-day simple moving average of $114.54 and a two-hundred day simple moving average of $115.35.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.2956 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.10%.

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).