Arvest Investments Inc. Has $10.63 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Arvest Investments Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 116.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 88,947 shares of the company’s stock after purchasing an additional 47,787 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 1.5% of Arvest Investments Inc.’s investment portfolio, making the stock its 16th largest holding. Arvest Investments Inc. owned approximately 0.06% of iShares 3-7 Year Treasury Bond ETF worth $10,630,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in IEI. Wit LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 273,238.0% in the first quarter. Wit LLC now owns 4,802,548 shares of the company’s stock valued at $567,373,000 after purchasing an additional 4,800,791 shares during the period. Clarity Financial LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 126.8% in the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock valued at $157,321,000 after buying an additional 735,931 shares during the last quarter. Armstrong Advisory Group Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 942,234 shares of the company’s stock valued at $112,211,000 after buying an additional 551,950 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 399.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock worth $70,839,000 after acquiring an additional 475,718 shares during the period. Finally, School Employees Retirement Board of Ohio acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $50,074,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $119.34 on Monday. The company has a 50-day moving average of $119.77 and a two-hundred day moving average of $119.15. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $114.51 and a 52-week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a dividend of $0.3711 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, December 19th. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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.