Net Worth Advisory Group Purchases New Position in iShares 3-7 Year Treasury Bond ETF $IEI

Net Worth Advisory Group acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 4,522 shares of the company’s stock, valued at approximately $540,000.

A number of other institutional investors have also recently added to or reduced their stakes in IEI. Global Retirement Partners LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 20.7% in the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock valued at $3,445,000 after acquiring an additional 4,938 shares in the last quarter. MBL Wealth LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock worth $25,071,000 after purchasing an additional 9,581 shares during the last quarter. Asempa Wealth Advisors bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $926,000. TD Waterhouse Canada Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 94.4% during the third quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock worth $1,116,000 after purchasing an additional 4,537 shares during the period. Finally, DAVENPORT & Co LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 14.9% during the third quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock valued at $7,676,000 after purchasing an additional 8,353 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI opened at $117.96 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.62 and a 12 month high of $120.78. The company’s 50 day moving average is $119.30 and its 200-day moving average is $119.52.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.3312 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis 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.