Independent Financial Group LLC Acquires New Position in iShares 3-7 Year Treasury Bond ETF $IEI

Independent Financial Group LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,307 shares of the company’s stock, valued at approximately $985,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Country Trust Bank purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $25,000. Howe & Rusling Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 111.0% in the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 111 shares during the period. Cardinal Strategic Wealth Guidance purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the first quarter worth about $25,000. Kingdom Financial Group LLC. bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $26,000. Finally, Key Capital Management INC bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $116.76 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.43 and a one year high of $120.78. The company’s 50-day simple moving average is $117.14 and its two-hundred day simple moving average is $118.36.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.3625 per share. The ex-dividend date was Wednesday, July 1st.

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.