Royal Fund Management LLC Increases Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Royal Fund Management LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 34.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,175 shares of the company’s stock after buying an additional 816 shares during the period. Royal Fund Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $367,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IEI. Valmark Advisers Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.5% in the 4th quarter. Valmark Advisers Inc. now owns 3,590 shares of the company’s stock valued at $420,000 after buying an additional 89 shares during the period. Valley Wealth Managers Inc. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.5% in the 1st quarter. Valley Wealth Managers Inc. now owns 3,669 shares of the company’s stock valued at $425,000 after purchasing an additional 89 shares during the last quarter. Members Trust Co raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% in the 1st quarter. Members Trust Co now owns 3,644 shares of the company’s stock valued at $422,000 after purchasing an additional 99 shares in the last quarter. Flagstar Advisors Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the 1st quarter. Flagstar Advisors Inc. now owns 2,027 shares of the company’s stock worth $235,000 after purchasing an additional 101 shares during the last quarter. Finally, Martin Capital Partners LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 1.1% in the second quarter. Martin Capital Partners LLC now owns 10,744 shares of the company’s stock valued at $1,241,000 after buying an additional 115 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1 %

iShares 3-7 Year Treasury Bond ETF stock traded up $0.16 during midday trading on Friday, reaching $118.40. The company’s stock had a trading volume of 1,496,143 shares, compared to its average volume of 1,592,257. The business has a 50-day simple moving average of $116.57 and a 200-day simple moving average of $115.56. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $111.45 and a fifty-two week high of $119.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.3154 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.79 annualized dividend and a dividend yield of 3.20%.

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).