Madison Investment Advisors LLC Takes Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Madison Investment Advisors LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, Holdings Channel reports. The fund bought 239,844 shares of the company’s stock, valued at approximately $27,714,000.

Several other hedge funds also recently modified their holdings of IEI. Fortitude Family Office LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after acquiring an additional 105 shares during the last quarter. PSI Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after acquiring an additional 145 shares during the last quarter. WealthShield Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 33.7% during the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock worth $46,000 after acquiring an additional 100 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after acquiring an additional 404 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $117.26 on Thursday. The company’s 50 day simple moving average is $116.08 and its 200 day simple moving average is $117.00. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.3038 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).