1620 Investment Advisors Inc. Invests $45,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

1620 Investment Advisors Inc. acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 391 shares of the company’s stock, valued at approximately $45,000.

Several other large investors have also bought and sold shares of the business. International Assets Investment Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $319,000. Tennessee Valley Asset Management Partners acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $38,000. VCI Wealth Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $260,000. Bryn Mawr Capital Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 13.2% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 20,775 shares of the company’s stock worth $2,433,000 after acquiring an additional 2,425 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 6,879.9% in the 4th quarter. Citizens Financial Group Inc. RI now owns 144,345 shares of the company’s stock valued at $16,907,000 after purchasing an additional 142,277 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.3 %

NASDAQ:IEI traded down $0.35 on Thursday, hitting $118.63. The stock had a trading volume of 746,331 shares, compared to its average volume of 1,578,505. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.73. The business’s fifty day moving average is $116.86 and its 200 day moving average is $115.61.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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).