Peirce Capital Management LLC Acquires New Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Peirce Capital Management LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,605 shares of the company’s stock, valued at approximately $422,000. iShares 3-7 Year Treasury Bond ETF comprises approximately 0.3% of Peirce Capital Management LLC’s investment portfolio, making the stock its 27th largest position.

Several other hedge funds have also recently added to or reduced their stakes in IEI. Center For Asset Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% during the third quarter. Center For Asset Management LLC now owns 8,578 shares of the company’s stock worth $971,000 after buying an additional 90 shares in the last quarter. Element Wealth LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.7% during the third quarter. Element Wealth LLC now owns 5,510 shares of the company’s stock worth $624,000 after buying an additional 91 shares in the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% during the first quarter. HBK Sorce Advisory LLC now owns 3,472 shares of the company’s stock worth $613,000 after buying an additional 94 shares in the last quarter. IHT Wealth Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.4% during the first quarter. IHT Wealth Management LLC now owns 2,251 shares of the company’s stock worth $265,000 after buying an additional 95 shares in the last quarter. Finally, Fortune Financial Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.4% during the fourth quarter. Fortune Financial Advisors LLC now owns 23,322 shares of the company’s stock worth $2,732,000 after buying an additional 102 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI traded down $0.16 during midday trading on Tuesday, reaching $113.53. 428,398 shares of the stock were exchanged, compared to its average volume of 1,873,006. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $111.45 and a 52-week high of $119.57. The stock has a 50 day moving average price of $115.38 and a 200-day moving average price of $115.06.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.3056 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.67 dividend on an annualized basis and a yield of 3.23%.

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).