iShares 3-7 Year Treasury Bond ETF $IEI Shares Bought by Independence Financial Advisors LLC

Independence Financial Advisors LLC grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 184,973 shares of the company’s stock after purchasing an additional 9,123 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 5.3% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Independence Financial Advisors LLC owned 0.12% of iShares 3-7 Year Treasury Bond ETF worth $20,983,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Private Trust Co. purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $1,377,000. Bank of America Corp DE raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after acquiring an additional 2,627,948 shares during the period. Weaver Capital Management LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $27,439,000. Wit LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% during the 4th quarter. Wit LLC now owns 2,089,070 shares of the company’s stock valued at $249,331,000 after acquiring an additional 59,373 shares during the period. Finally, Nolet Wealth Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $1,416,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock traded up $0.19 on Thursday, hitting $113.57. The company’s stock had a trading volume of 3,963,373 shares, compared to its average volume of 1,866,696. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.88 and a 1 year high of $120.78. The firm has a fifty day moving average price of $115.33 and a 200-day moving average price of $116.76.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3683 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a yield of 3.9%.

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.