Sequoia Financial Advisors LLC Has $645,000 Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Sequoia Financial Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 58.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 5,417 shares of the company’s stock after acquiring an additional 2,007 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Beacon Capital Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 107 shares during the period. LRI Investments LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at approximately $36,000. Oliver Lagore Vanvalin Investment Group acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at approximately $36,000. Finally, Crews Bank & Trust increased its position in iShares 3-7 Year Treasury Bond ETF by 487.0% in the 1st quarter. Crews Bank & Trust now owns 317 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $120.18 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $114.51 and a 52-week high of $120.37. The firm has a 50 day moving average price of $119.50 and a two-hundred day moving average price of $118.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3462 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, October 1st.

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).