Advisor Resource Council Makes New $1.44 Million Investment in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Advisor Resource Council bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the first quarter, HoldingsChannel.com reports. The fund bought 12,323 shares of the company’s stock, valued at approximately $1,444,000.

A number of other large investors have also added to or reduced their stakes in IEI. Smartleaf Asset Management LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 72.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after purchasing an additional 105 shares during the period. NBC Securities Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at $38,000. Webster Bank N. A. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 458.3% during the 1st quarter. Webster Bank N. A. now owns 335 shares of the company’s stock valued at $40,000 after acquiring an additional 275 shares during the period. Nemes Rush Group LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at $43,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at $44,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $118.08 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.51 and a 1 year high of $120.33. The firm has a fifty day moving average price of $117.84 and a 200-day moving average price of $116.96.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed 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 was Monday, June 2nd.

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).