iShares 3-7 Year Treasury Bond ETF $IEI Shares Purchased by Assetmark Inc.

Assetmark Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,862,009 shares of the company’s stock after purchasing an additional 315,648 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 0.7% of Assetmark Inc.’s holdings, making the stock its 27th biggest position. Assetmark Inc. owned about 2.00% of iShares 3-7 Year Treasury Bond ETF worth $342,039,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Avion Wealth lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after buying an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter worth approximately $25,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Sound Income Strategies LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $36,000. Finally, Hanson & Doremus Investment Management boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 121.2% during the 3rd quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $119.82 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $115.60 and a 52 week high of $120.43. The firm has a 50 day moving average of $119.32 and a two-hundred day moving average of $119.46.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.367 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a 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.