Transcend Capital Advisors LLC Has $8.05 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Transcend Capital Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 73.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,319 shares of the company’s stock after purchasing an additional 28,580 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,045,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HB Wealth Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $240,000. PFG Investments LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 4.1% during the 2nd quarter. PFG Investments LLC now owns 4,366 shares of the company’s stock worth $520,000 after acquiring an additional 173 shares during the last quarter. J. Safra Sarasin Holding AG bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $393,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 117.5% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,361 shares of the company’s stock worth $10,999,000 after purchasing an additional 49,890 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in iShares 3-7 Year Treasury Bond ETF by 13.2% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,702 shares of the company’s stock valued at $917,000 after purchasing an additional 898 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $119.35 on Friday. The stock’s 50-day moving average is $119.46 and its 200-day moving average is $119.40. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3711 per share. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.