iShares 3-7 Year Treasury Bond ETF $IEI is DDFG Inc’s Largest Position

DDFG Inc lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.9% in the 1st quarter, Holdings Channel reports. The fund owned 371,059 shares of the company’s stock after buying an additional 13,806 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 9.5% of DDFG Inc’s investment portfolio, making the stock its biggest holding. DDFG Inc’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $44,008,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEI. Country Trust Bank acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Cardinal Strategic Wealth Guidance purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at $25,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $26,000. Asset Dedication LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at $28,000. Finally, Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $117.81 on Monday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.51 and a 1 year high of $120.78. The stock has a 50-day moving average price of $117.58 and a 200 day moving average price of $118.64.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.