WestEnd Advisors LLC Increases Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

WestEnd Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,173,042 shares of the company’s stock after purchasing an additional 17,576 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up 3.3% of WestEnd Advisors LLC’s portfolio, making the stock its 9th biggest position. WestEnd Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $140,004,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ancora Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 85 shares during the period. Omega Financial Group LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. Omega Financial Group LLC now owns 4,178 shares of the company’s stock valued at $499,000 after purchasing an additional 96 shares in the last quarter. Fortune Financial Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 26,432 shares of the company’s stock valued at $3,155,000 after purchasing an additional 98 shares in the last quarter. Rockland Trust Co. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% in the 4th quarter. Rockland Trust Co. now owns 6,902 shares of the company’s stock valued at $824,000 after purchasing an additional 103 shares in the last quarter. Finally, Partners Capital Investment Group LLP boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.9% in the 3rd quarter. Partners Capital Investment Group LLP now owns 12,644 shares of the company’s stock valued at $1,511,000 after purchasing an additional 110 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $119.02 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.89 and a 52 week high of $120.78. The company’s fifty day moving average is $119.11 and its 200-day moving average is $119.40.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.3615 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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). 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.