iShares 3-7 Year Treasury Bond ETF $IEI Shares Bought by Independence Financial Advisors LLC

Independence Financial Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 159,512 shares of the company’s stock after buying an additional 6,599 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises approximately 5.2% of Independence Financial Advisors LLC’s holdings, making the stock its 5th largest holding. Independence Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $19,038,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. My Personal CFO LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $250,000. MFA Wealth Services raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 3.1% in the fourth quarter. MFA Wealth Services now owns 51,177 shares of the company’s stock valued at $6,108,000 after buying an additional 1,520 shares during the last quarter. Rockland Trust Co. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 1.5% in the 4th quarter. Rockland Trust Co. now owns 6,902 shares of the company’s stock valued at $824,000 after acquiring an additional 103 shares during the last quarter. Sollinda Capital Management LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 21.1% during the fourth quarter. Sollinda Capital Management LLC now owns 81,968 shares of the company’s stock worth $9,783,000 after purchasing an additional 14,303 shares during the period. Finally, Strategic Point Investment Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 3.4% in the 4th quarter. Strategic Point Investment Advisors LLC now owns 614,843 shares of the company’s stock valued at $73,382,000 after buying an additional 20,002 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $118.60 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.62 and a 12-month high of $120.78. The stock’s 50-day moving average price is $119.28 and its 200 day moving average price is $119.50.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.3312 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%.

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). 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.