Gambit Capital Management LLC Acquires New Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Gambit Capital Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, Holdings Channel.com reports. The fund bought 10,174 shares of the company’s stock, valued at approximately $1,214,000. iShares 3-7 Year Treasury Bond ETF accounts for about 0.9% of Gambit Capital Management LLC’s holdings, making the stock its 25th biggest position.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after buying an additional 4,523,903 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% during the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after acquiring an additional 1,992,633 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares 3-7 Year Treasury Bond ETF by 216.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock valued at $88,319,000 after acquiring an additional 505,360 shares during the last quarter. Tanglewood Wealth Management Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 41.5% in the fourth quarter. Tanglewood Wealth Management Inc. now owns 1,480,366 shares of the company’s stock valued at $176,682,000 after acquiring an additional 434,416 shares in the last quarter. Finally, Dynasty Wealth Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 120.8% in the third quarter. Dynasty Wealth Management LLC now owns 593,126 shares of the company’s stock valued at $70,885,000 after acquiring an additional 324,503 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $116.94 on Tuesday. The company has a 50 day moving average of $118.38 and a two-hundred day moving average of $119.15. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.82 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.3597 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.