Savvy Advisors Inc. Takes Position in iShares 3-7 Year Treasury Bond ETF $IEI

Savvy Advisors Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,817 shares of the company’s stock, valued at approximately $3,201,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Hsbc Holdings PLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% in the 2nd quarter. Hsbc Holdings PLC now owns 20,763 shares of the company’s stock worth $2,473,000 after purchasing an additional 563 shares during the period. Edgestream Partners L.P. bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter worth $372,000. CW Advisors LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 43.2% during the second quarter. CW Advisors LLC now owns 14,862 shares of the company’s stock worth $1,770,000 after buying an additional 4,480 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 25.0% in the second quarter. Baird Financial Group Inc. now owns 126,781 shares of the company’s stock valued at $15,098,000 after buying an additional 25,330 shares during the period. Finally, Gateway Wealth Partners LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $267,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $118.29 on Monday. The business has a 50-day moving average price of $119.23 and a two-hundred day moving average price of $119.46. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.62 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be issued a $0.3615 dividend. The ex-dividend date is Wednesday, April 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.