97,252 Shares of iShares 3-7 Year Treasury Bond ETF $IEI Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 97,252 shares of the company’s stock, valued at approximately $11,032,000. Mirae Asset Global Investments Co. Ltd. owned 0.07% of iShares 3-7 Year Treasury Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IEI. Nvwm LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Pension & Wealth Management Advisors Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $49,000. BankChampaign National Association acquired a new position in iShares 3-7 Year Treasury Bond ETF during the first quarter worth about $54,000. RMG Wealth Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the first quarter valued at $76,000. Finally, Weaver Capital Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $73,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $115.09 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78. The stock’s fifty day simple moving average is $114.47 and its 200-day simple moving average is $117.09.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.3809 per share. The ex-dividend date is Monday, November 2nd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a yield of 4.0%.

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.