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

Partners Wealth Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 4,643 shares of the company’s stock, valued at approximately $527,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st 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. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 9.8% in the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after buying an additional 300,397 shares during the period. Greenleaf Trust purchased a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $52,932,000. WestEnd Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $127,896,000. Finally, Royal Bank of Canada lifted its position in 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 valued at $132,004,000 after buying an additional 5,121 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4%

IEI opened at $115.33 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78. The company has a 50 day moving average of $114.57 and a two-hundred day moving average of $117.15.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3683 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.8%. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

iShares 3-7 Year Treasury Bond ETF 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.