Axxcess Wealth Management LLC Has $7.56 Million Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Axxcess Wealth Management LLC cut its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,191 shares of the company’s stock after selling 1,329 shares during the quarter. Axxcess Wealth Management LLC owned approximately 0.05% of iShares 3-7 Year Treasury Bond ETF worth $7,558,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IEI. Jane Street Group LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $54,070,000. Clarity Financial LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 100.2% in the 3rd quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock valued at $64,571,000 after purchasing an additional 270,178 shares during the period. Toronto Dominion Bank acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $23,094,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 68.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 422,238 shares of the company’s stock worth $48,756,000 after purchasing an additional 171,147 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of 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 purchasing an additional 157,810 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $116.35 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.72 and a 1-year high of $120.33. The business’s 50 day moving average is $118.40 and its 200-day moving average is $116.88.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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).