Divergent Wealth Advisors Boosts Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Divergent Wealth Advisors boosted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,824 shares of the company’s stock after purchasing an additional 365 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 0.7% of Divergent Wealth Advisors’ investment portfolio, making the stock its 12th biggest holding. Divergent Wealth Advisors’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,687,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IEI. Envestnet Asset Management Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock worth $442,055,000 after purchasing an additional 157,810 shares during the last quarter. Creative Planning grew its stake in iShares 3-7 Year Treasury Bond ETF by 0.7% in the 2nd quarter. Creative Planning now owns 1,871,564 shares of the company’s stock worth $216,110,000 after acquiring an additional 12,186 shares in the last quarter. Matson Money. Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Matson Money. Inc. now owns 1,483,152 shares of the company’s stock worth $171,260,000 after acquiring an additional 30,157 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 10.8% during the second quarter. LPL Financial LLC now owns 1,451,347 shares of the company’s stock worth $167,587,000 after acquiring an additional 141,266 shares during the period. Finally, Tanglewood Wealth Management Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.8% during the second quarter. Tanglewood Wealth Management Inc. now owns 1,288,470 shares of the company’s stock valued at $148,780,000 after acquiring an additional 70,655 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $116.46 on Tuesday. The business’s 50 day moving average is $118.61 and its 200 day moving average is $116.83. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.72 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be issued a $0.3203 dividend. This represents a $3.84 annualized dividend and a dividend yield of 3.30%. This is a boost 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.

About iShares 3-7 Year Treasury Bond ETF

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).