Leavell Investment Management Inc. Has $17.78 Million Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Leavell Investment Management Inc. grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 148,683 shares of the company’s stock after buying an additional 12,114 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 0.9% of Leavell Investment Management Inc.’s investment portfolio, making the stock its 20th largest holding. Leavell Investment Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $17,783,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,764 shares of the company’s stock valued at $552,000 after purchasing an additional 131 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 46.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock valued at $367,000 after acquiring an additional 967 shares during the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at approximately $9,445,000. Crescent Grove Advisors LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $212,000. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 3.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock valued at $21,915,000 after purchasing an additional 5,536 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI remained flat at $116.39 during midday trading on Friday. 563,971 shares of the stock were exchanged, compared to its average volume of 1,573,157. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.72 and a 52 week high of $120.33. The business’s 50 day moving average is $118.45 and its 200-day moving average is $116.84.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3203 per share. The ex-dividend date was Friday, November 1st. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.30%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).