Steinberganna Wealth Management Takes $761,000 Position in iShares 3-7 Year Treasury Bond ETF $IEI

Steinberganna Wealth Management purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,367 shares of the company’s stock, valued at approximately $761,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clarity Financial LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 126.8% in the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after purchasing an additional 735,931 shares during the period. Armstrong Advisory Group Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 942,234 shares of the company’s stock valued at $112,211,000 after purchasing an additional 551,950 shares during the period. Benjamin Edwards Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 399.4% in the second quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock valued at $70,839,000 after purchasing an additional 475,718 shares in the last quarter. School Employees Retirement Board of Ohio bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at about $50,074,000. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% during the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after buying an additional 290,112 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.37 on Friday. The business’s 50 day simple moving average is $119.58 and its 200 day simple moving average is $119.30. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $114.51 and a 52-week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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). 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.