Hershey Financial Advisers LLC Takes $3.73 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Hershey Financial Advisers LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 31,285 shares of the company’s stock, valued at approximately $3,726,000. iShares 3-7 Year Treasury Bond ETF accounts for approximately 3.3% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 9th largest holding.

Several other institutional investors also recently bought and sold shares of the business. Beacon Capital Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Avion Wealth grew its stake in iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $25,000. LRI Investments LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 231.1% in the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at about $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $119.36 on Friday. The company’s 50-day simple moving average is $119.76 and its 200-day simple moving average is $119.08. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a $0.3502 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, December 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).