Kaufman Rossin Wealth LLC Purchases 8,601 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Kaufman Rossin Wealth LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,601 shares of the company’s stock, valued at approximately $976,000. iShares 3-7 Year Treasury Bond ETF makes up 0.4% of Kaufman Rossin Wealth LLC’s holdings, making the stock its 29th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Cardinal Strategic Wealth Guidance purchased a new position in iShares 3-7 Year Treasury Bond ETF during the first quarter worth about $25,000. Howe & Rusling Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 111.0% in the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 111 shares in the last quarter. Nvwm LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $49,000. Finally, BankChampaign National Association bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at about $54,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI traded down $0.32 during trading hours on Monday, reaching $113.92. 679,475 shares of the company’s stock traded hands, compared to its average volume of 1,858,170. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78. The firm’s 50 day simple moving average is $114.95 and its 200-day simple moving average is $116.55.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3683 dividend. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Thursday, October 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.