JFS Wealth Advisors LLC Purchases Shares of 625 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

JFS Wealth Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, Holdings Channel reports. The institutional investor acquired 625 shares of the company’s stock, valued at approximately $75,000.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth about $54,070,000. Toronto Dominion Bank acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $23,094,000. Cambridge Investment Research Advisors Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 68.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 422,238 shares of the company’s stock worth $48,756,000 after acquiring an additional 171,147 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock worth $442,055,000 after acquiring an additional 157,810 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 10.8% in the 2nd quarter. LPL Financial LLC now owns 1,451,347 shares of the company’s stock valued at $167,587,000 after purchasing an additional 141,266 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $116.12 on Friday. The firm’s fifty day simple moving average is $118.72 and its 200-day simple moving average is $116.75. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $112.72 and a twelve month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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).