Vision Capital Management Inc. Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Vision Capital Management Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 36,844 shares of the company’s stock, valued at approximately $4,180,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cardinal Strategic Wealth Guidance purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth about $25,000. Howe & Rusling Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 111.0% during the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the period. Nvwm LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $38,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth $49,000. Finally, BankChampaign National Association acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth $54,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $114.00 on Tuesday. The company’s fifty day simple moving average is $114.90 and its 200-day simple moving average is $116.51. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3683 per share. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis 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.