Frontier Asset Management LLC Takes $7.64 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Frontier Asset Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 64,031 shares of the company’s stock, valued at approximately $7,642,000. iShares 3-7 Year Treasury Bond ETF comprises 1.8% of Frontier Asset Management LLC’s holdings, making the stock its 18th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEI. Country Trust Bank purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $25,000. Asset Dedication LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at about $28,000. Key Capital Management INC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $28,000. Ancora Advisors LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% during the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares in the last quarter. Finally, AlphaCore Capital LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock valued at $33,000 after acquiring an additional 251 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $118.05 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.89 and a 52-week high of $120.78. The firm’s 50-day moving average price is $118.73 and its 200-day moving average price is $119.28.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.3597 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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). 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.