iShares 3-7 Year Treasury Bond ETF $IEI Position Lifted by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 639,390 shares of the company’s stock after purchasing an additional 24,547 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 11.0% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 2nd largest position. Strategic Point Investment Advisors LLC owned 0.40% of iShares 3-7 Year Treasury Bond ETF worth $75,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in IEI. Premier Path Wealth Partners LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 13.0% in the first quarter. Premier Path Wealth Partners LLC now owns 80,702 shares of the company’s stock worth $9,571,000 after purchasing an additional 9,308 shares in the last quarter. Foundry Financial Group Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.3% during the first quarter. Foundry Financial Group Inc. now owns 71,338 shares of the company’s stock valued at $8,461,000 after buying an additional 6,092 shares during the last quarter. Bigelow Investment Advisors LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 12.5% in the 1st quarter. Bigelow Investment Advisors LLC now owns 7,464 shares of the company’s stock valued at $885,000 after buying an additional 832 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 238.8% in the 1st quarter. Apollon Wealth Management LLC now owns 19,260 shares of the company’s stock valued at $2,284,000 after buying an additional 13,576 shares in the last quarter. Finally, DDFG Inc boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 3.9% in the 1st quarter. DDFG Inc now owns 371,059 shares of the company’s stock valued at $44,008,000 after buying an additional 13,806 shares in the last quarter.

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

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $117.45 on Wednesday. The firm’s 50 day moving average price is $117.53 and its 200-day moving average price is $118.61. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3694 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st.

About iShares 3-7 Year Treasury Bond ETF

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.