Strategic Point Investment Advisors LLC Has $73.38 Million Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Strategic Point Investment Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 614,843 shares of the company’s stock after purchasing an additional 20,002 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 10.1% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 2nd largest position. Strategic Point Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $73,382,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IEI. Ancora Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 85 shares in the last quarter. Channel Wealth LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after acquiring an additional 96 shares in the last quarter. Omega Financial Group LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. Omega Financial Group LLC now owns 4,178 shares of the company’s stock worth $499,000 after acquiring an additional 96 shares in the last quarter. Partners Capital Investment Group LLP grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.9% in the third quarter. Partners Capital Investment Group LLP now owns 12,644 shares of the company’s stock worth $1,511,000 after acquiring an additional 110 shares during the last quarter. Finally, Montecito Bank & Trust grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% in the fourth quarter. Montecito Bank & Trust now owns 8,753 shares of the company’s stock worth $1,045,000 after acquiring an additional 126 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $118.43 on Tuesday. The business has a fifty day moving average price of $119.28 and a 200-day moving average price of $119.51. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.62 and a 1-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 Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3312 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.