Cedar Mountain Advisors LLC Boosts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Cedar Mountain Advisors LLC increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 47.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 702 shares of the company’s stock after buying an additional 225 shares during the quarter. Cedar Mountain Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $84,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IEI. Beacon Capital Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% during the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the first quarter valued at $36,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $36,000. Crews Bank & Trust boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 487.0% in the first quarter. Crews Bank & Trust now owns 317 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares during the last quarter. Finally, NBC Securities Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ IEI opened at $119.35 on Monday. The stock has a fifty day simple moving average of $119.29 and a 200-day simple moving average of $118.43. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a dividend of $0.3462 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.5%.

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).