Atwood & Palmer Inc. Buys New Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Atwood & Palmer Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,220 shares of the company’s stock, valued at approximately $1,500,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after buying an additional 2,627,948 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock worth $707,101,000 after acquiring an additional 281,282 shares during the last quarter. Assetmark Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after acquiring an additional 300,397 shares in the last quarter. Wit LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2.9% during the fourth quarter. Wit LLC now owns 2,089,070 shares of the company’s stock valued at $249,331,000 after acquiring an additional 59,373 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,885,917 shares of the company’s stock valued at $225,084,000 after acquiring an additional 99,191 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI traded up $0.19 on Thursday, reaching $113.57. The company had a trading volume of 3,963,373 shares, compared to its average volume of 1,866,696. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78. The firm’s 50 day moving average price is $115.33 and its 200 day moving average price is $116.76.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.3683 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%.

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.