Twele Capital Management Inc. Purchases 766 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Twele Capital Management Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.9% in the first quarter, HoldingsChannel.com reports. The firm owned 16,402 shares of the company’s stock after purchasing an additional 766 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 0.4% of Twele Capital Management Inc.’s investment portfolio, making the stock its 18th largest position. Twele Capital Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,900,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Hexagon Capital Partners LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% in the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares during the period. Howe & Rusling Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $30,000. Kozak & Associates Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Halpern Financial Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Finally, Scarborough Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.3 %

Shares of IEI traded down $0.40 on Wednesday, reaching $115.46. The stock had a trading volume of 484,839 shares, compared to its average volume of 1,638,217. The company has a 50-day simple moving average of $114.64 and a 200-day simple moving average of $115.49. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $117.79.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.2992 per share. This represents a $3.59 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date was Monday, June 3rd.

About iShares 3-7 Year Treasury Bond ETF

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).