New Harbor Financial Group LLC Acquires 309,165 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

New Harbor Financial Group LLC bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 309,165 shares of the company’s stock, valued at approximately $35,072,000. iShares 3-7 Year Treasury Bond ETF comprises 5.2% of New Harbor Financial Group LLC’s portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Independence Financial Advisors LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the third quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after purchasing an additional 9,123 shares during the last quarter. Legacy Private Trust Co. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth about $1,377,000. Bank of America Corp DE boosted its position in iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after buying an additional 2,627,948 shares during the last quarter. Global Trust Asset Management LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 12.6% in the first quarter. Global Trust Asset Management LLC now owns 96,832 shares of the company’s stock valued at $11,484,000 after buying an additional 10,860 shares during the last quarter. Finally, Waverly Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 2.9% in the second quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock valued at $55,009,000 after buying an additional 13,312 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI traded down $0.12 during midday trading on Friday, hitting $114.67. The company’s stock had a trading volume of 1,176,853 shares, compared to its average volume of 1,854,041. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78. The firm’s 50 day moving average is $114.73 and its 200-day moving average is $116.42.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.3683 dividend. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 annualized dividend and a dividend yield of 3.9%.

iShares 3-7 Year Treasury Bond ETF Company 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.