Apollon Wealth Management LLC Buys 13,576 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Apollon Wealth Management LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 238.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 19,260 shares of the company’s stock after purchasing an additional 13,576 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,284,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Country Trust Bank acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $25,000. Cardinal Strategic Wealth Guidance acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $26,000. Key Capital Management INC bought a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $28,000. Finally, Asset Dedication LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at about $28,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.4%

Shares of IEI stock opened at $116.95 on Thursday. The stock has a 50-day moving average price of $117.49 and a 200 day moving average price of $118.59. 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 Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a $0.3625 dividend. The ex-dividend date of this dividend is Wednesday, July 1st.

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.