106,328 Shares in iShares 3-7 Year Treasury Bond ETF $IEI Acquired by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, HoldingsChannel reports. The fund bought 106,328 shares of the company’s stock, valued at approximately $12,062,000.

Several other institutional investors and hedge funds have also bought and sold shares of IEI. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at $283,503,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth $11,032,000. Vise Technologies Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 261.4% in the 3rd quarter. Vise Technologies Inc. now owns 12,973 shares of the company’s stock worth $1,472,000 after purchasing an additional 9,383 shares in the last quarter. Blue Fin Capital Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth $6,305,000. Finally, MGO One Seven LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 148.7% during the 3rd quarter. MGO One Seven LLC now owns 18,114 shares of the company’s stock worth $2,055,000 after buying an additional 10,830 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $115.33 on Monday. The business’s 50-day moving average is $114.57 and its 200 day moving average is $117.15. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.88 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be issued a $0.3809 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Monday, November 2nd.

iShares 3-7 Year Treasury Bond ETF Company 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.