Westview Management dba Westview Investment Advisors Takes $12.51 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Westview Management dba Westview Investment Advisors acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the fourth quarter, HoldingsChannel reports. The fund acquired 104,849 shares of the company’s stock, valued at approximately $12,514,000. iShares 3-7 Year Treasury Bond ETF accounts for 6.0% of Westview Management dba Westview Investment Advisors’ investment portfolio, making the stock its 2nd biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $25,000. Asset Dedication LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at $28,000. Ancora Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after buying an additional 85 shares during the last quarter. AlphaCore Capital LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% in the 3rd quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after buying an additional 251 shares during the last quarter. Finally, Delos Wealth Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth $34,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.5%

Shares of IEI opened at $118.08 on Monday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.62 and a one year high of $120.78. The business has a fifty day moving average of $119.42 and a 200 day moving average of $119.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.3312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Monday, March 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.