Foundry Financial Group Inc. Raises Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Foundry Financial Group Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,338 shares of the company’s stock after purchasing an additional 6,092 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 4.2% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 8th biggest position. Foundry Financial Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,461,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Country Trust Bank bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Cardinal Strategic Wealth Guidance acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at about $25,000. Kingdom Financial Group LLC. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $26,000. Asset Dedication LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth about $28,000. Finally, Key Capital Management INC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $28,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

iShares 3-7 Year Treasury Bond ETF stock opened at $117.78 on Tuesday. The stock’s 50 day moving average is $117.56 and its 200 day moving average is $118.63. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3694 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.