iShares 3-7 Year Treasury Bond ETF $IEI Shares Newly Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,123 shares of the company’s stock, valued at approximately $1,489,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEI. Evergreen Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $104,931,000. Mascoma Wealth Management LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 337.8% in the third quarter. Mascoma Wealth Management LLC now owns 6,191 shares of the company’s stock worth $702,000 after buying an additional 4,777 shares during the last quarter. ETF Portfolio Partners Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter worth approximately $15,961,000. New Harbor Financial Group LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $35,072,000. Finally, MBL Wealth LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.8% in the third quarter. MBL Wealth LLC now owns 269,232 shares of the company’s stock valued at $30,542,000 after buying an additional 17,200 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4%

Shares of NASDAQ:IEI opened at $115.33 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78. The stock has a fifty day moving average of $114.57 and a 200-day moving average of $117.15.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3683 dividend. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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.