Asempa Wealth Advisors Takes Position in iShares 3-7 Year Treasury Bond ETF $IEI

Asempa Wealth Advisors bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,763 shares of the company’s stock, valued at approximately $926,000.

Several other hedge funds also recently bought and sold shares of IEI. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $25,000. Asset Dedication LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at about $28,000. Ancora Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the period. AlphaCore Capital LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% in the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after acquiring an additional 251 shares during the period. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth about $34,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $118.08 on Monday. The business’s 50 day moving average is $119.42 and its 200 day moving average is $119.58. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.62 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.