Napier Financial LLC Acquires New Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Napier Financial LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, HoldingsChannel reports. The firm acquired 170,227 shares of the company’s stock, valued at approximately $20,317,000. iShares 3-7 Year Treasury Bond ETF makes up about 5.1% of Napier Financial LLC’s holdings, making the stock its 4th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in IEI. Country Trust Bank bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Kingdom Financial Group LLC. bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Asset Dedication LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $28,000. Key Capital Management INC bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Finally, Ancora Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $116.73 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78. The firm has a 50 day moving average price of $117.93 and a two-hundred day moving average price of $118.92.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3694 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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.