Community Trust & Investment Co. Buys 2,678 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Community Trust & Investment Co. increased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,872 shares of the company’s stock after buying an additional 2,678 shares during the quarter. Community Trust & Investment Co.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,029,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares during the period. Fortitude Family Office LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth about $27,000. Coston McIsaac & Partners lifted its stake in iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the period. Richardson Financial Services Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares in the last quarter. Finally, PSI Advisors LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% in the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $114.65 on Wednesday. The stock has a 50 day simple moving average of $115.92 and a 200-day simple moving average of $117.26. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.46%.

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).