Foundry Financial Group Inc. Raises Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Foundry Financial Group Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,338 shares of the company’s stock after acquiring an additional 6,092 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 4.2% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding. Foundry Financial Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,461,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Country Trust Bank acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Cardinal Strategic Wealth Guidance acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $25,000. Kingdom Financial Group LLC. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $26,000. Asset Dedication LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth approximately $28,000. Finally, Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $117.78 on Tuesday. 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 moving average price is $117.56 and its two-hundred day moving average price is $118.63.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

About iShares 3-7 Year Treasury Bond ETF

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.