Ridgepath Capital Management LLC Purchases 4,812 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Ridgepath Capital Management LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,204 shares of the company’s stock after purchasing an additional 4,812 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for about 4.0% of Ridgepath Capital Management LLC’s holdings, making the stock its 5th biggest holding. Ridgepath Capital Management LLC owned approximately 0.06% of iShares 3-7 Year Treasury Bond ETF worth $9,466,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Beacon Capital Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares during the period. Avion Wealth raised its position in iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter worth $25,000. LRI Investments LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 231.1% during the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. Finally, Delos Wealth Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $34,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.34 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $114.51 and a 12 month high of $120.43. The business has a 50-day moving average of $119.77 and a 200 day moving average of $119.13.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a dividend of $0.3711 per share. The ex-dividend date is Friday, December 19th. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.