Bingham Private Wealth LLC Takes $1.85 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Bingham Private Wealth LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 15,484 shares of the company’s stock, valued at approximately $1,848,000. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.5% of Bingham Private Wealth LLC’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds also recently made changes to their positions in IEI. Country Trust Bank bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $25,000. Asset Dedication LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at approximately $28,000. Ancora Advisors LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares during the period. AlphaCore Capital LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the 3rd quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock valued at $33,000 after acquiring an additional 251 shares during the period. Finally, Maseco LLP bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $35,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2%

Shares of NASDAQ:IEI opened at $118.82 on Wednesday. The stock has a 50 day moving average of $119.13 and a 200 day moving average of $119.41. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.89 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a dividend of $0.3615 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.