Sowell Financial Services LLC Buys 1,140 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sowell Financial Services LLC grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,137 shares of the company’s stock after purchasing an additional 1,140 shares during the period. Sowell Financial Services LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,678,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Smartleaf Asset Management LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock valued at $29,000 after purchasing an additional 105 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at approximately $38,000. Webster Bank N. A. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 458.3% during the first quarter. Webster Bank N. A. now owns 335 shares of the company’s stock valued at $40,000 after buying an additional 275 shares during the last quarter. Nemes Rush Group LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $43,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $44,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.61 on Tuesday. The business has a fifty day moving average of $117.80 and a 200 day moving average of $116.92. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $114.51 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a dividend of $0.3629 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Monday, June 2nd.

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).