Advisor Resource Council Acquires Shares of 4,034 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Advisor Resource Council acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 4,034 shares of the company’s stock, valued at approximately $482,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock worth $442,055,000 after buying an additional 157,810 shares in the last quarter. Creative Planning boosted its position in iShares 3-7 Year Treasury Bond ETF by 0.7% during the second quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after purchasing an additional 12,186 shares in the last quarter. Matson Money. Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 2.1% during the second quarter. Matson Money. Inc. now owns 1,483,152 shares of the company’s stock valued at $171,260,000 after purchasing an additional 30,157 shares in the last quarter. LPL Financial LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 10.8% during the second quarter. LPL Financial LLC now owns 1,451,347 shares of the company’s stock valued at $167,587,000 after purchasing an additional 141,266 shares in the last quarter. Finally, Tanglewood Wealth Management Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 5.8% during the second quarter. Tanglewood Wealth Management Inc. now owns 1,288,470 shares of the company’s stock valued at $148,780,000 after purchasing an additional 70,655 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.5 %

Shares of IEI stock opened at $115.81 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.72 and a 1-year high of $120.33. The stock’s 50-day moving average is $118.49 and its 200 day moving average is $116.84.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3203 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.84 dividend on an annualized basis and a yield of 3.32%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).