iShares 3-7 Year Treasury Bond ETF $IEI Shares Newly Acquired by Legacy Wealth Partners LLC

Legacy Wealth Partners LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 22,028 shares of the company’s stock, valued at approximately $2,499,000.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after purchasing an additional 2,627,948 shares during the period. Assetmark Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after purchasing an additional 300,397 shares in the last quarter. Royal Bank of Canada boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock worth $132,004,000 after purchasing an additional 5,121 shares in the last quarter. Strategic Point Investment Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock valued at $78,359,000 after buying an additional 27,780 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 57.5% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 480,586 shares of the company’s stock valued at $57,493,000 after buying an additional 175,388 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $114.09 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78. The company has a fifty day simple moving average of $114.99 and a 200 day simple moving average of $116.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3683 per share. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a yield of 3.9%. The ex-dividend date was Thursday, October 1st.

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.