Spartan Planning & Wealth Management Purchases 89,526 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Spartan Planning & Wealth Management grew its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 192.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 136,057 shares of the company’s stock after buying an additional 89,526 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 12.0% of Spartan Planning & Wealth Management’s portfolio, making the stock its 2nd largest position. Spartan Planning & Wealth Management owned 0.09% of iShares 3-7 Year Treasury Bond ETF worth $16,238,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IEI. Franklin Resources Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.7% during the second quarter. Franklin Resources Inc. now owns 318,770 shares of the company’s stock worth $37,962,000 after purchasing an additional 17,174 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 63.4% during the second quarter. Coldstream Capital Management Inc. now owns 116,588 shares of the company’s stock valued at $13,884,000 after purchasing an additional 45,220 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $1,834,000. Global Retirement Partners LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $2,845,000. Finally, Insigneo Advisory Services LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 79.0% during the second quarter. Insigneo Advisory Services LLC now owns 3,747 shares of the company’s stock worth $446,000 after purchasing an additional 1,654 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $118.08 on Monday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.62 and a 1 year high of $120.78. The firm’s 50-day moving average is $119.42 and its 200-day moving average is $119.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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). 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.