Atwood & Palmer Inc. Purchases 13,220 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Atwood & Palmer Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, HoldingsChannel reports. The fund purchased 13,220 shares of the company’s stock, valued at approximately $1,500,000.

Several other institutional investors have also bought and sold shares of the business. Apella Capital LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 314.6% in the 3rd quarter. Apella Capital LLC now owns 29,104 shares of the company’s stock valued at $3,300,000 after acquiring an additional 22,084 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter worth about $2,558,000. Leverty Financial Group LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $681,000. Martin Capital Partners LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 4.6% during the third quarter. Martin Capital Partners LLC now owns 9,762 shares of the company’s stock worth $1,107,000 after acquiring an additional 431 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $593,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2%

IEI stock traded up $0.19 during midday trading on Thursday, reaching $113.57. 3,963,373 shares of the company traded hands, compared to its average volume of 1,866,696. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78. The business has a 50 day moving average of $115.33 and a 200-day moving average of $116.76.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3683 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a yield of 3.9%.

iShares 3-7 Year Treasury Bond ETF 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.