FSA Wealth Partners Inc. Buys New Position in iShares 3-7 Year Treasury Bond ETF $IEI

FSA Wealth Partners Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,660 shares of the company’s stock, valued at approximately $555,000.

Several other hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its position in iShares 3-7 Year Treasury Bond ETF by 54.1% in the first quarter. Bank of New York Mellon Corp now owns 318,560 shares of the company’s stock worth $37,633,000 after purchasing an additional 111,822 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 19.1% in the first quarter. Sequoia Financial Advisors LLC now owns 3,410 shares of the company’s stock worth $403,000 after purchasing an additional 548 shares during the last quarter. Ritholtz Wealth Management boosted its position in iShares 3-7 Year Treasury Bond ETF by 9.7% in the first quarter. Ritholtz Wealth Management now owns 45,092 shares of the company’s stock worth $5,327,000 after purchasing an additional 4,003 shares during the last quarter. Blueprint Investment Partners LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 152.8% in the first quarter. Blueprint Investment Partners LLC now owns 61,447 shares of the company’s stock worth $7,259,000 after purchasing an additional 37,142 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares 3-7 Year Treasury Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock worth $1,431,677,000 after purchasing an additional 1,652,996 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $119.52 on Friday. The stock’s fifty day simple moving average is $119.27 and its two-hundred day simple moving average is $118.41. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $114.51 and a 1-year high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a $0.3462 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.5%.

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).