4J Wealth Management LLC Invests $3.70 Million in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

4J Wealth Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 31,985 shares of the company’s stock, valued at approximately $3,696,000. iShares 3-7 Year Treasury Bond ETF accounts for about 3.0% of 4J Wealth Management LLC’s holdings, making the stock its 9th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bogart Wealth LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares during the period. Fortitude Family Office LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $27,000. Coston McIsaac & Partners lifted its position in iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after purchasing an additional 156 shares during the period. Richardson Financial Services Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares during the period. Finally, PSI Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $116.13 on Friday. The company has a fifty day moving average of $115.86 and a 200 day moving average of $117.24. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3303 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a yield of 3.41%.

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).