Oppenheimer Asset Management Inc. Makes New $2.38 Million Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Oppenheimer Asset Management Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,962 shares of the company’s stock, valued at approximately $2,377,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Capital Management LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Avion Wealth increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% in the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after acquiring an additional 114 shares in the last quarter. LRI Investments LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth about $36,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $36,000.

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

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.69 on Thursday. The company has a 50-day moving average of $119.71 and a 200 day moving average of $118.69. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.51 and a 1 year high of $120.42.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3462 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend 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).