Oak Grove Capital LLC Raises Position in iShares 3-7 Year Treasury Bond ETF $IEI

Oak Grove Capital LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 217.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,800 shares of the company’s stock after purchasing an additional 16,300 shares during the quarter. Oak Grove Capital LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Country Trust Bank purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Asset Dedication LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $28,000. Key Capital Management INC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $28,000. Finally, Ankerstar Wealth LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

iShares 3-7 Year Treasury Bond ETF stock opened at $117.19 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78. The stock has a 50 day moving average of $117.73 and a two-hundred day moving average of $118.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.