iShares 3-7 Year Treasury Bond ETF $IEI is Strategic Point Investment Advisors LLC’s 2nd Largest Position

Strategic Point Investment Advisors LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 639,390 shares of the company’s stock after buying an additional 24,547 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up 11.0% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 2nd biggest holding. Strategic Point Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $75,832,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Country Trust Bank acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $25,000. Cardinal Strategic Wealth Guidance purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Asset Dedication LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $28,000. Finally, Key Capital Management INC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI opened at $117.45 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78. The company’s 50 day moving average is $117.53 and its two-hundred day moving average is $118.61.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.