Armstrong Advisory Group Inc. Raises Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Armstrong Advisory Group Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 988,397 shares of the company’s stock after buying an additional 30,837 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises about 8.0% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 2nd largest holding. Armstrong Advisory Group Inc. owned approximately 0.67% of iShares 3-7 Year Treasury Bond ETF worth $117,965,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IEI. Wealth Enhancement Advisory Services LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 8.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 270,784 shares of the company’s stock worth $32,361,000 after purchasing an additional 21,537 shares in the last quarter. DDFG Inc grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.7% during the 4th quarter. DDFG Inc now owns 357,253 shares of the company’s stock worth $42,638,000 after purchasing an additional 9,298 shares in the last quarter. Maridea Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.0% during the fourth quarter. Maridea Wealth Management LLC now owns 10,545 shares of the company’s stock worth $1,259,000 after purchasing an additional 406 shares during the period. Cyndeo Wealth Partners LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 25,775 shares of the company’s stock worth $3,076,000 after purchasing an additional 156 shares during the period. Finally, Magnus Financial Group LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.3% in the fourth quarter. Magnus Financial Group LLC now owns 30,805 shares of the company’s stock valued at $3,677,000 after buying an additional 691 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.5%

Shares of IEI stock opened at $118.08 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.62 and a 1 year high of $120.78. The stock has a 50 day simple moving average of $119.42 and a 200 day simple moving average of $119.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3312 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.4%.

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.