Ritholtz Wealth Management Has $10.07 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Ritholtz Wealth Management raised its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,937 shares of the company’s stock after purchasing an additional 4,809 shares during the quarter. Ritholtz Wealth Management owned approximately 0.05% of iShares 3-7 Year Treasury Bond ETF worth $10,074,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Country Trust Bank acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $26,000. Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $28,000. Asset Dedication LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $28,000. Finally, Ankerstar Wealth LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $30,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.3%

Shares of IEI stock opened at $117.47 on Thursday. The company has a fifty day moving average price of $117.62 and a two-hundred day moving average price of $118.66. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.