Abich Financial Wealth Management LLC Has $38,000 Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Abich Financial Wealth Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2,264.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 331 shares of the company’s stock after buying an additional 317 shares during the period. Abich Financial Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $38,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. HM Payson & Co. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth $6,243,000. EverSource Wealth Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 89.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,696 shares of the company’s stock worth $1,100,000 after buying an additional 4,567 shares during the period. Cambridge Trust Co. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $80,000. Motiv8 Investments LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 37.4% during the first quarter. Motiv8 Investments LLC now owns 12,532 shares of the company’s stock worth $1,451,000 after acquiring an additional 3,411 shares in the last quarter. Finally, Cetera Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 138.4% in the 1st quarter. Cetera Advisors LLC now owns 42,897 shares of the company’s stock valued at $4,968,000 after acquiring an additional 24,904 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 1.1 %

Shares of IEI stock traded up $1.26 on Friday, hitting $119.00. 2,522,768 shares of the stock were exchanged, compared to its average volume of 1,569,861. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $111.45 and a fifty-two week high of $119.06. The business has a 50-day moving average of $115.83 and a 200 day moving average of $115.42.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 6th. Investors of record on Thursday, August 1st will be issued a dividend of $0.3154 per share. This represents a $3.79 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, August 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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).