Proathlete Wealth Management LLC Buys 5,660 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Proathlete Wealth Management LLC increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,998 shares of the company’s stock after acquiring an additional 5,660 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.1% of Proathlete Wealth Management LLC’s portfolio, making the stock its 11th largest position. Proathlete Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $7,549,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IEI. Global Retirement Partners LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 20.7% in the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock valued at $3,445,000 after purchasing an additional 4,938 shares during the period. MBL Wealth LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock valued at $25,071,000 after purchasing an additional 9,581 shares during the period. Asempa Wealth Advisors acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $926,000. TD Waterhouse Canada Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 94.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock valued at $1,116,000 after purchasing an additional 4,537 shares during the period. Finally, DAVENPORT & Co LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 14.9% in the 3rd quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock valued at $7,676,000 after purchasing an additional 8,353 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $118.53 on Wednesday. The company has a fifty day simple moving average of $119.08 and a 200 day simple moving average of $119.38. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.89 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.3615 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.