Legacy Wealth Partners LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 22,028 shares of the company’s stock, valued at approximately $2,499,000.
Several other large investors also recently made changes to their positions in IEI. Cardinal Strategic Wealth Guidance acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth $25,000. Howe & Rusling Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 111.0% during the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 111 shares in the last quarter. Nvwm LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. BankChampaign National Association acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at about $54,000. Finally, SHP Wealth Management bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $59,000.
iShares 3-7 Year Treasury Bond ETF Trading Up 0.4%
NASDAQ:IEI opened at $114.09 on Friday. The stock has a 50-day simple moving average of $114.99 and a 200 day simple moving average of $116.58. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78.
iShares 3-7 Year Treasury Bond ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders 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 represents a $4.42 annualized dividend and a dividend yield of 3.9%. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.
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.
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