IFG Advisory LLC Purchases New Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

IFG Advisory LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,240 shares of the company’s stock, valued at approximately $836,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hexagon Capital Partners LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 895.5% in the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $32,000. Salem Investment Counselors Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 94.2% in the first quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock worth $35,000 after purchasing an additional 147 shares during the last quarter. Abich Financial Wealth Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock worth $38,000 after purchasing an additional 317 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter worth approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $118.72 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $119.73. The firm’s 50 day moving average is $117.24 and its 200 day moving average is $115.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.3154 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.79 annualized dividend and a yield of 3.19%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

iShares 3-7 Year Treasury Bond ETF 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).