Pinnacle Wealth Management Advisory Group LLC Acquires 1,139 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Pinnacle Wealth Management Advisory Group LLC increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 32,795 shares of the company’s stock after buying an additional 1,139 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,789,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEI. Bogart Wealth LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after buying an additional 180 shares during the last quarter. Fortitude Family Office LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $27,000. Coston McIsaac & Partners lifted its position in iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after buying an additional 156 shares during the last quarter. Richardson Financial Services Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after buying an additional 252 shares during the last quarter. Finally, PSI Advisors LLC lifted its position in 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 worth $39,000 after buying an additional 145 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $116.04 on Friday. The business has a 50 day moving average of $115.67 and a 200 day moving average of $117.19. 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.3292 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 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).