iShares 3-7 Year Treasury Bond ETF $IEI Stake Boosted by DDFG Inc

DDFG Inc grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.3% during the third quarter, Holdings Channel reports. The institutional investor owned 347,955 shares of the company’s stock after acquiring an additional 11,074 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises 9.6% of DDFG Inc’s investment portfolio, making the stock its 2nd largest holding. DDFG Inc’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $41,584,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IEI. Avion Wealth increased its position in shares of 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 purchasing an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $25,000. LRI Investments LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 231.1% during the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. Delos Wealth Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at about $34,000. Finally, Sound Income Strategies LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at about $36,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $119.36 on Friday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $115.18 and a fifty-two week high of $120.43. The stock’s 50-day simple moving average is $119.35 and its 200-day simple moving average is $119.42.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.367 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.