33,304 Shares in iShares 3-7 Year Treasury Bond ETF $IEI Bought by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,304 shares of the company’s stock, valued at approximately $4,001,000.

A number of other large investors have also added to or reduced their stakes in the company. Iams Wealth Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% during the second quarter. Iams Wealth Management LLC now owns 5,025 shares of the company’s stock valued at $598,000 after acquiring an additional 117 shares during the last quarter. Proathlete Wealth Management LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 5.1% during the 2nd quarter. Proathlete Wealth Management LLC now owns 53,020 shares of the company’s stock valued at $6,319,000 after purchasing an additional 2,568 shares during the last quarter. Armstrong Advisory Group Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 942,234 shares of the company’s stock worth $112,211,000 after buying an additional 551,950 shares during the period. Foster Group Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $348,000. Finally, MY Wealth Management Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at approximately $1,859,000.

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

Shares of IEI stock opened at $119.08 on Tuesday. The stock has a fifty day moving average of $119.55 and a 200 day moving average of $119.34. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $115.18 and a 52 week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

About iShares 3-7 Year Treasury Bond ETF

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.