Burke & Herbert Bank & Trust Co. Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Burke & Herbert Bank & Trust Co. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,332 shares of the company’s stock, valued at approximately $1,512,000.

Several other institutional investors have also modified their holdings of IEI. Independence Financial Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the third quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after buying an additional 9,123 shares during the period. Evergreen Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $104,931,000. Legacy Private Trust Co. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $1,377,000. Bank of America Corp DE increased its position in iShares 3-7 Year Treasury Bond ETF by 39.7% in the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after acquiring an additional 2,627,948 shares during the period. Finally, Waverly Advisors LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock valued at $55,009,000 after acquiring an additional 13,312 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

iShares 3-7 Year Treasury Bond ETF stock traded down $0.16 during mid-day trading on Friday, hitting $115.29. 1,776,612 shares of the company’s stock traded hands, compared to its average volume of 1,863,030. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78. The firm has a 50 day moving average price of $114.42 and a 200 day moving average price of $117.05.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.3809 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, November 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.