HM Payson & Co. Grows Stake in iShares 3-7 Year Treasury Bond ETF $IEI

HM Payson & Co. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.8% during the third quarter, Holdings Channel reports. The firm owned 97,633 shares of the company’s stock after buying an additional 6,201 shares during the quarter. HM Payson & Co.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,668,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Meridian Wealth Management LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.6% in the 2nd quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after buying an additional 90 shares in the last quarter. Channel Wealth LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 2.4% during the 3rd quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after buying an additional 96 shares during the period. Bensler LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the second quarter. Bensler LLC now owns 1,971 shares of the company’s stock valued at $235,000 after purchasing an additional 97 shares in the last quarter. Wealthquest Corp boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the second quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock worth $246,000 after buying an additional 99 shares during the period. Finally, King Wealth Management Group boosted its position in iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock worth $260,000 after acquiring an additional 103 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1%

Shares of IEI opened at $119.46 on Monday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.43. The firm’s 50 day moving average price is $119.69 and its 200 day moving average price is $119.22.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3711 dividend. The ex-dividend date of this dividend was 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 yield of 3.7%.

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.