iShares 3-7 Year Treasury Bond ETF $IEI Holdings Boosted by Independence Financial Advisors LLC

Independence Financial Advisors LLC grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 184,973 shares of the company’s stock after purchasing an additional 9,123 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 5.3% of Independence Financial Advisors LLC’s holdings, making the stock its 5th biggest position. Independence Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $20,983,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. JGP Wealth Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.3% during the 2nd quarter. JGP Wealth Management LLC now owns 3,877 shares of the company’s stock worth $455,000 after purchasing an additional 89 shares during the last quarter. Fairvoy Private Wealth LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 1.9% in the 1st quarter. Fairvoy Private Wealth LLC now owns 5,736 shares of the company’s stock worth $680,000 after buying an additional 108 shares during the last quarter. Howe & Rusling Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 111.0% during the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares in the last quarter. Montecito Bank & Trust raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.3% during the first quarter. Montecito Bank & Trust now owns 8,866 shares of the company’s stock valued at $1,052,000 after acquiring an additional 113 shares during the last quarter. Finally, One Day In July LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% during the first quarter. One Day In July LLC now owns 24,490 shares of the company’s stock valued at $2,905,000 after acquiring an additional 125 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI traded up $0.19 during midday trading on Thursday, hitting $113.57. The stock had a trading volume of 3,963,373 shares, compared to its average volume of 1,866,696. The stock has a 50 day simple moving average of $115.33 and a 200-day simple moving average of $116.76. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.88 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3683 dividend. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Thursday, October 1st. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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.