Tanglewood Wealth Management Inc. Sells 9,571 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Tanglewood Wealth Management Inc. lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.9% in the 3rd quarter, Holdings Channel reports. The firm owned 1,045,950 shares of the company’s stock after selling 9,571 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 11.6% of Tanglewood Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Tanglewood Wealth Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $125,002,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Meridian Wealth Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% in the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock valued at $1,756,000 after acquiring an additional 90 shares in the last quarter. Channel Wealth LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock valued at $499,000 after buying an additional 96 shares during the last quarter. Bensler LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the second quarter. Bensler LLC now owns 1,971 shares of the company’s stock worth $235,000 after buying an additional 97 shares in the last quarter. Wealthquest Corp boosted its position in iShares 3-7 Year Treasury Bond ETF by 5.0% during the second quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock worth $246,000 after acquiring an additional 99 shares during the last quarter. Finally, King Wealth Management Group grew its stake in iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock valued at $260,000 after acquiring an additional 103 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $118.99 on Friday. The company’s 50 day simple moving average is $119.51 and its two-hundred day simple moving average is $119.34. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year 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. Shareholders of record on Friday, December 19th were paid a dividend of $0.3711 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, December 19th.

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.