Surience Private Wealth LLC Invests $1.21 Million in iShares 3-7 Year Treasury Bond ETF $IEI

Surience Private Wealth LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 10,169 shares of the company’s stock, valued at approximately $1,206,000. iShares 3-7 Year Treasury Bond ETF accounts for about 1.3% of Surience Private Wealth LLC’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IEI. Country Trust Bank acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Kingdom Financial Group LLC. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Asset Dedication LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $28,000. Finally, Ankerstar Wealth LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3%

Shares of NASDAQ:IEI opened at $117.47 on Thursday. The business’s 50 day moving average price is $117.62 and its 200-day moving average price is $118.66. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.51 and a 1 year 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 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 was Monday, June 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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.