Lido Advisors LLC Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Lido Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 85,473 shares of the company’s stock, valued at approximately $9,696,000.

A number of other hedge funds also recently bought and sold shares of the company. Keybank National Association OH acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $48,682,000. M Holdings Securities Inc. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $1,033,000. Endowment Wealth Management Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 14.7% in the 3rd quarter. Endowment Wealth Management Inc. now owns 28,446 shares of the company’s stock valued at $3,227,000 after buying an additional 3,652 shares during the last quarter. StoneX Group Inc. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $1,799,000. Finally, Pictet Asset Management Holding SA increased its position in iShares 3-7 Year Treasury Bond ETF by 2.8% in the 3rd quarter. Pictet Asset Management Holding SA now owns 91,500 shares of the company’s stock worth $10,380,000 after buying an additional 2,500 shares during the period.

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

Shares of NASDAQ IEI opened at $113.85 on Friday. The business’s 50 day moving average is $114.31 and its two-hundred day moving average is $116.96. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a $0.3809 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, November 2nd.

iShares 3-7 Year Treasury Bond ETF Company 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.