Tiedemann Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Rating) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,173 shares of the company's stock, valued at approximately $1,215,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEI. Cantor Fitzgerald Investment Advisor L.P lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 19.0% in the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 402,446 shares of the company's stock valued at $49,118,000 after purchasing an additional 64,171 shares in the last quarter. Cabot Wealth Management Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $763,000. Ritholtz Wealth Management increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 79.8% in the 1st quarter. Ritholtz Wealth Management now owns 164,201 shares of the company's stock worth $20,041,000 after acquiring an additional 72,869 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 13.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 7,164 shares of the company's stock worth $874,000 after acquiring an additional 844 shares during the last quarter. Finally, Verus Financial Partners Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth $498,000.
Get iShares 3-7 Year Treasury Bond ETF alerts:iShares 3-7 Year Treasury Bond ETF Stock Up 0.4 %
Shares of IEI opened at $112.83 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.26 and a 52-week high of $129.89. The stock has a fifty day simple moving average of $116.05 and a two-hundred day simple moving average of $118.35.
iShares 3-7 Year Treasury Bond ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Friday, October 7th. Shareholders of record on Tuesday, October 4th were paid a $0.162 dividend. The ex-dividend date of this dividend was Monday, October 3rd. This is an increase from iShares 3-7 Year Treasury Bond ETF's previous monthly dividend of $0.15. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.72%.iShares 3-7 Year Treasury Bond ETF Profile
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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).
Further Reading
- Get a free copy of the StockNews.com research report on iShares 3-7 Year Treasury Bond ETF (IEI)
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