Entelevest LLC Invests $1.31 Million in iShares 3-7 Year Treasury Bond ETF $IEI

Entelevest LLC bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, HoldingsChannel reports. The fund bought 10,944 shares of the company’s stock, valued at approximately $1,306,000. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.3% of Entelevest LLC’s investment portfolio, making the stock its 21st biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of IEI. HUB Investment Partners LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 25.7% in the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock worth $295,000 after purchasing an additional 506 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $5,313,000. Camarda Financial Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 15.4% in the 2nd quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock worth $934,000 after purchasing an additional 1,049 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 purchasing an additional 290,112 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock worth $11,362,000 after purchasing an additional 90,367 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

Shares of IEI opened at $116.85 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.51 and a 12-month high of $120.78. The business has a 50-day simple moving average of $117.85 and a two-hundred day simple moving average of $118.86.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3694 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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.