Fortune Financial Advisors LLC Has $2.73 Million Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fortune Financial Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,322 shares of the company’s stock after purchasing an additional 102 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 1.9% of Fortune Financial Advisors LLC’s portfolio, making the stock its 13th biggest position. Fortune Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEI. Center For Asset Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 1.1% during the third quarter. Center For Asset Management LLC now owns 8,578 shares of the company’s stock worth $971,000 after buying an additional 90 shares during the last quarter. Element Wealth LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 1.7% during the third quarter. Element Wealth LLC now owns 5,510 shares of the company’s stock worth $624,000 after buying an additional 91 shares during the last quarter. HBK Sorce Advisory LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.8% during the first quarter. HBK Sorce Advisory LLC now owns 3,472 shares of the company’s stock worth $613,000 after buying an additional 94 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 4.4% during the first quarter. IHT Wealth Management LLC now owns 2,251 shares of the company’s stock worth $265,000 after buying an additional 95 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.3% during the fourth quarter. Baird Financial Group Inc. now owns 36,239 shares of the company’s stock worth $4,163,000 after buying an additional 107 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2 %

Shares of NASDAQ:IEI traded down $0.21 during trading on Monday, hitting $114.58. 1,002,327 shares of the company’s stock traded hands, compared to its average volume of 1,885,830. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.57. The company has a 50-day moving average price of $115.71 and a 200-day moving average price of $115.01.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.3056 dividend. This represents a $3.67 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was Monday, April 1st.

iShares 3-7 Year Treasury Bond ETF 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).