iShares 3-7 Year Treasury Bond ETF $IEI Stock Holdings Raised by Benchmark Financial LLC

Benchmark Financial LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 72,280 shares of the company’s stock after purchasing an additional 5,872 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 6.3% of Benchmark Financial LLC’s investment portfolio, making the stock its 3rd largest holding. Benchmark Financial LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,199,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEI. Legacy Wealth Partners LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $2,499,000. Centerline Wealth Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% in the third quarter. Centerline Wealth Advisors LLC now owns 60,256 shares of the company’s stock valued at $6,835,000 after acquiring an additional 4,194 shares during the period. Community Trust & Investment Co. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at about $8,582,000. Weaver Capital Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $73,000. Finally, Nvwm LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $114.09 on Friday. The stock’s fifty day moving average price is $114.99 and its two-hundred day moving average price is $116.58. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3683 per share. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a yield of 3.9%. The ex-dividend date was Thursday, October 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.