HighTower Advisors LLC Buys 33,068 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

HighTower Advisors LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 15.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 246,840 shares of the company’s stock after buying an additional 33,068 shares during the period. HighTower Advisors LLC owned about 0.17% of iShares 3-7 Year Treasury Bond ETF worth $29,500,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IEI. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth approximately $25,000. Avion Wealth raised its holdings in iShares 3-7 Year Treasury Bond ETF by 111.8% during the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after purchasing an additional 114 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $34,000. Sound Income Strategies LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at $36,000. Finally, Hanson & Doremus Investment Management increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 121.2% during the third quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock worth $44,000 after buying an additional 200 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $119.92 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $115.72 and a 1 year high of $120.43. The business’s 50-day moving average is $119.39 and its 200-day moving average is $119.51.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.367 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.