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

Venturi Wealth Management LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the first quarter, HoldingsChannel reports. The institutional investor purchased 6,493 shares of the company’s stock, valued at approximately $770,000.

Several other institutional investors and hedge funds also recently modified their holdings of IEI. Asempa Wealth Advisors bought a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at $926,000. Spartan Planning & Wealth Management increased its stake in iShares 3-7 Year Treasury Bond ETF by 192.4% in the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after buying an additional 89,526 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $1,435,000. D.A. Davidson & CO. lifted its position in iShares 3-7 Year Treasury Bond ETF by 85.4% during the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock worth $9,034,000 after buying an additional 34,864 shares in the last quarter. Finally, 4J Wealth Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 28.7% during the 4th quarter. 4J Wealth Management LLC now owns 54,012 shares of the company’s stock worth $6,446,000 after buying an additional 12,060 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.81 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78. The business’s 50-day simple moving average is $117.58 and its 200 day simple moving average is $118.64.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.3694 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.