iShares 3-7 Year Treasury Bond ETF $IEI is Armstrong Advisory Group Inc.’s 2nd Largest Position

Armstrong Advisory Group Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 957,560 shares of the company’s stock after buying an additional 15,326 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for about 8.1% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. Armstrong Advisory Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $114,438,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in IEI. Beacon Capital Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Avion Wealth lifted its stake in iShares 3-7 Year Treasury Bond ETF by 111.8% in the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after buying an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. LRI Investments LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% during the second 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 last quarter. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth about $34,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $119.65 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.51 and a 1 year high of $120.43. The company’s 50 day simple moving average is $119.77 and its 200 day simple moving average is $119.12.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.3502 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, December 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).