Spartan Planning & Wealth Management Has $16.24 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Spartan Planning & Wealth Management lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 192.4% during the fourth quarter, Holdings Channel reports. The firm owned 136,057 shares of the company’s stock after buying an additional 89,526 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises about 12.0% of Spartan Planning & Wealth Management’s holdings, making the stock its 2nd largest position. Spartan Planning & Wealth Management’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $16,238,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Asset Dedication LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $28,000. Ancora Advisors LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 48.6% in the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 85 shares during the last quarter. AlphaCore Capital LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 1,195.2% in the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock valued at $33,000 after buying an additional 251 shares during the last quarter. Finally, Delos Wealth Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $34,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $118.08 on Monday. The firm has a fifty day moving average of $119.42 and a 200-day moving average of $119.58. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.62 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.3312 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%.

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.