Wrapmanager Inc. Has $6.49 Million Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wrapmanager Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 26.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 54,227 shares of the company’s stock after acquiring an additional 11,375 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for about 1.7% of Wrapmanager Inc.’s holdings, making the stock its 16th largest position. Wrapmanager Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,486,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Atlanta Consulting Group Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $56,000. Vaughan David Investments LLC IL acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $480,000. Pitcairn Co. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $641,000. Crewe Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $468,000. Finally, CreativeOne Wealth LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. CreativeOne Wealth LLC now owns 47,540 shares of the company’s stock worth $5,506,000 after buying an additional 4,230 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $116.03 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $113.16 and a twelve month high of $120.33. The business’s 50-day simple moving average is $118.07 and its 200 day simple moving average is $116.98.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3203 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 dividend on an annualized basis and a yield of 3.31%.

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).