WCG Wealth Advisors LLC Raises Stake in iShares 3-7 Year Treasury Bond ETF $IEI

WCG Wealth Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 204.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 360,984 shares of the company’s stock after purchasing an additional 242,303 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 1.2% of WCG Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest position. WCG Wealth Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $43,084,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Asempa Wealth Advisors purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $926,000. Spartan Planning & Wealth Management lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 192.4% in the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after purchasing an additional 89,526 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $1,435,000. D.A. Davidson & CO. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 85.4% in the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock valued at $9,034,000 after purchasing an additional 34,864 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after purchasing an additional 1,992,633 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $117.07 on Thursday. The company’s 50-day moving average is $117.98 and its two-hundred day moving average is $118.95. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.51 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a $0.3694 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.