iShares 3-7 Year Treasury Bond ETF $IEI Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,647 shares of the company’s stock after acquiring an additional 12,744 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $14,996,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEI. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $25,000. Asset Dedication LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $28,000. Ancora Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter. AlphaCore Capital LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after buying an additional 251 shares in the last quarter. 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

NASDAQ:IEI opened at $118.72 on Friday. The firm has a 50 day simple moving average of $119.44 and a 200-day simple moving average of $119.59. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.62 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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). 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.