WestEnd Advisors LLC Purchases 139,823 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

WestEnd Advisors LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,155,466 shares of the company’s stock after acquiring an additional 139,823 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 3.2% of WestEnd Advisors LLC’s portfolio, making the stock its 11th largest position. WestEnd Advisors LLC owned approximately 0.80% of iShares 3-7 Year Treasury Bond ETF worth $138,091,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. West Paces Advisors Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 18.1% during the 3rd quarter. West Paces Advisors Inc. now owns 4,237 shares of the company’s stock valued at $506,000 after purchasing an additional 650 shares during the last quarter. 4J Wealth Management LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 22.7% during the third quarter. 4J Wealth Management LLC now owns 41,952 shares of the company’s stock valued at $5,014,000 after purchasing an additional 7,752 shares in the last quarter. InTrack Investment Management Inc boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 33.1% during the third quarter. InTrack Investment Management Inc now owns 32,770 shares of the company’s stock valued at $3,916,000 after buying an additional 8,146 shares during the last quarter. Penobscot Investment Management Company Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% during the third quarter. Penobscot Investment Management Company Inc. now owns 13,547 shares of the company’s stock valued at $1,619,000 after buying an additional 200 shares during the last quarter. Finally, Eagle Strategies LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 15.8% in the 3rd quarter. Eagle Strategies LLC now owns 15,487 shares of the company’s stock worth $1,851,000 after buying an additional 2,109 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $119.32 on Monday. The company’s 50-day simple moving average is $119.61 and its two-hundred day simple moving average is $119.27. 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 business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3711 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date was Friday, December 19th.

iShares 3-7 Year Treasury Bond ETF 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.