Redhawk Wealth Advisors Inc. Invests $209,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Redhawk Wealth Advisors Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,765 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 8.8% during the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock valued at $1,209,267,000 after buying an additional 842,335 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares 3-7 Year Treasury Bond ETF by 17.3% during the fourth quarter. Bank of America Corp DE now owns 6,800,864 shares of the company’s stock valued at $785,840,000 after buying an additional 1,001,309 shares in the last quarter. Captrust Financial Advisors boosted its stake in iShares 3-7 Year Treasury Bond ETF by 22.1% during the fourth quarter. Captrust Financial Advisors now owns 3,232,702 shares of the company’s stock valued at $373,539,000 after buying an additional 585,061 shares in the last quarter. Cerity Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 8.5% during the fourth quarter. Cerity Partners LLC now owns 2,209,001 shares of the company’s stock valued at $255,250,000 after buying an additional 173,041 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 10.1% during the fourth quarter. Assetmark Inc. now owns 2,147,385 shares of the company’s stock valued at $248,130,000 after buying an additional 197,809 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3%

Shares of IEI stock opened at $117.69 on Thursday. The stock has a 50-day simple moving average of $117.82 and a 200 day simple moving average of $116.90. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.3629 per share. The ex-dividend date was Monday, June 2nd. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.30.

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).