Tred Avon Family Wealth LLC Makes New $1.24 Million Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Tred Avon Family Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,403 shares of the company’s stock, valued at approximately $1,243,000.

Other institutional investors have also recently made changes to their positions in the company. Captrust Financial Advisors boosted its stake in iShares 3-7 Year Treasury Bond ETF by 4.1% during the second quarter. Captrust Financial Advisors now owns 3,650,688 shares of the company’s stock valued at $434,760,000 after buying an additional 142,100 shares during the period. Ameriprise Financial Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after acquiring an additional 290,112 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 10.9% in the 2nd quarter. Assetmark Inc. now owns 2,546,361 shares of the company’s stock valued at $303,246,000 after acquiring an additional 250,180 shares in the last quarter. Cerity Partners LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 1,846,448 shares of the company’s stock valued at $220,669,000 after acquiring an additional 46,932 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 13.8% during the third quarter. Janney Montgomery Scott LLC now owns 1,786,726 shares of the company’s stock worth $213,532,000 after purchasing an additional 216,694 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $119.08 on Friday. The company’s 50 day moving average is $119.56 and its 200 day moving average is $119.33. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3711 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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.