Focus Partners Wealth Raises Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Focus Partners Wealth grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 795,211 shares of the company’s stock after acquiring an additional 45,228 shares during the period. Focus Partners Wealth’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $95,036,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 3.2% during the 2nd quarter. Avantax Advisory Services Inc. now owns 83,923 shares of the company’s stock valued at $9,994,000 after purchasing an additional 2,634 shares in the last quarter. Kingsview Wealth Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 24.1% during the 2nd quarter. Kingsview Wealth Management LLC now owns 28,530 shares of the company’s stock worth $3,398,000 after buying an additional 5,544 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 312.2% during the second quarter. Rockefeller Capital Management L.P. now owns 227,352 shares of the company’s stock valued at $27,075,000 after buying an additional 172,196 shares during the period. Midwest Professional Planners LTD. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% during the second quarter. Midwest Professional Planners LTD. now owns 60,153 shares of the company’s stock valued at $7,164,000 after buying an additional 1,388 shares during the period. Finally, Sykon Capital LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 8.1% in the second quarter. Sykon Capital LLC now owns 31,922 shares of the company’s stock valued at $3,802,000 after acquiring an additional 2,403 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $119.09 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.62 and a 1-year high of $120.78. The business has a 50-day moving average price of $119.48 and a 200 day moving average price of $119.61.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.3312 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.3%.

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.