Benchmark Financial LLC Buys 5,872 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Benchmark Financial LLC grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,280 shares of the company’s stock after purchasing an additional 5,872 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 6.3% of Benchmark Financial LLC’s holdings, making the stock its 3rd largest holding. Benchmark Financial LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,199,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IEI. Independence Financial Advisors LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the third quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after acquiring an additional 9,123 shares during the last quarter. Legacy Private Trust Co. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $1,377,000. Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after acquiring an additional 2,627,948 shares during the period. Weaver Capital Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth $27,439,000. Finally, Nolet Wealth Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $1,416,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $114.09 on Friday. The company’s 50 day simple moving average is $114.99 and its 200 day simple moving average is $116.58. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3683 dividend. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Thursday, October 1st. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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.