Smithbridge Asset Management Inc. DE Takes Position in iShares 3-7 Year Treasury Bond ETF $IEI

Smithbridge Asset Management Inc. DE acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 7,189 shares of the company’s stock, valued at approximately $859,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Financial Management Network Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 2.9% during the third quarter. Financial Management Network Inc. now owns 52,435 shares of the company’s stock worth $6,250,000 after purchasing an additional 1,455 shares during the last quarter. Evergreen Capital Management LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 20.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 770,585 shares of the company’s stock valued at $92,093,000 after purchasing an additional 132,194 shares during the last quarter. Leavell Investment Management Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.2% during the 3rd quarter. Leavell Investment Management Inc. now owns 137,227 shares of the company’s stock valued at $16,400,000 after buying an additional 1,575 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 33.9% during the 3rd quarter. Ritholtz Wealth Management now owns 101,668 shares of the company’s stock valued at $12,150,000 after buying an additional 25,723 shares in the last quarter. Finally, Koa Wealth Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $748,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.2%

Shares of IEI opened at $119.08 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $115.18 and a 1 year high of $120.43. The stock has a 50 day simple moving average of $119.56 and a two-hundred day simple moving average of $119.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.3711 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.