Western Wealth Management LLC Has $932,000 Position in iShares 3-7 Year Treasury Bond ETF $IEI

Western Wealth Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 362.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,800 shares of the company’s stock after buying an additional 6,112 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $932,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IEI. Gunma Bank Ltd. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 20.0% during the third quarter. Gunma Bank Ltd. now owns 180,000 shares of the company’s stock worth $21,512,000 after acquiring an additional 30,000 shares in the last quarter. Latko Wealth Management Ltd. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.8% during the 3rd quarter. Latko Wealth Management Ltd. now owns 53,758 shares of the company’s stock worth $6,425,000 after purchasing an additional 3,893 shares during the last quarter. RFG Advisory LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 117.9% during the 3rd quarter. RFG Advisory LLC now owns 6,595 shares of the company’s stock worth $788,000 after purchasing an additional 3,569 shares in the last quarter. Austin Wealth Management LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.8% in the 3rd quarter. Austin Wealth Management LLC now owns 123,293 shares of the company’s stock valued at $14,842,000 after buying an additional 2,133 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2,985.0% in the third quarter. Smartleaf Asset Management LLC now owns 617 shares of the company’s stock valued at $74,000 after buying an additional 597 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $119.64 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year high of $120.43. The company’s fifty day simple moving average is $119.33 and its 200 day simple moving average is $119.46.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.367 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.