Koa Wealth Management LLC Acquires New Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Koa Wealth Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,255 shares of the company’s stock, valued at approximately $748,000.

Other large investors have also recently bought and sold shares of the company. Beacon Capital Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Avion Wealth grew its position in iShares 3-7 Year Treasury Bond ETF by 111.8% during the second quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after buying an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $25,000. LRI Investments LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the last quarter. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $34,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2%

Shares of IEI opened at $119.29 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $115.18 and a 12-month high of $120.43. The stock has a 50-day moving average price of $119.57 and a 200-day moving average price of $119.32.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3711 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%. 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 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.