Stronghold Wealth Management L.L.C. Invests $1.55 Million in iShares 3-7 Year Treasury Bond ETF $IEI

Stronghold Wealth Management L.L.C. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,021 shares of the company’s stock, valued at approximately $1,554,000. iShares 3-7 Year Treasury Bond ETF comprises about 2.3% of Stronghold Wealth Management L.L.C.’s holdings, making the stock its 7th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in IEI. HUB Investment Partners LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 25.7% during the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock worth $295,000 after buying an additional 506 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $5,313,000. Camarda Financial Advisors LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 15.4% during the 2nd quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock worth $934,000 after buying an additional 1,049 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after buying an additional 290,112 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock worth $11,362,000 after buying an additional 90,367 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $116.95 on Monday. The business has a fifty day simple moving average of $118.43 and a 200-day simple moving average of $119.17. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.91 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.3597 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, May 1st.

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.