Independence Financial Advisors LLC Boosts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Independence Financial Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 57.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,913 shares of the company’s stock after purchasing an additional 55,867 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises 5.6% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Independence Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $18,275,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Meridian Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% in the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after purchasing an additional 90 shares during the period. Channel Wealth LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 2.4% during the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after buying an additional 96 shares in the last quarter. Bensler LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Bensler LLC now owns 1,971 shares of the company’s stock worth $235,000 after acquiring an additional 97 shares during the last quarter. Wealthquest Corp raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock valued at $246,000 after acquiring an additional 99 shares in the last quarter. Finally, King Wealth Management Group raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock valued at $260,000 after acquiring an additional 103 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI opened at $119.33 on Friday. The business has a 50-day moving average of $119.57 and a 200-day moving average of $119.31. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $114.51 and a 12 month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3711 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

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.