Envestnet Asset Management Inc. Purchases 311,613 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Envestnet Asset Management Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.3% during the 3rd quarter, Holdings Channel reports. The firm owned 3,676,586 shares of the company’s stock after buying an additional 311,613 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $439,389,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Avion Wealth lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 111.8% in the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after buying an additional 114 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at approximately $25,000. LRI Investments LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% during the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at approximately $34,000. Finally, Sound Income Strategies LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $118.86 on Thursday. The firm’s fifty day simple moving average is $119.37 and its 200 day simple moving average is $119.42. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $115.18 and a twelve month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be given a $0.367 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, February 2nd.

iShares 3-7 Year Treasury Bond ETF 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.