Founders Grove Wealth Partners LLC Raises Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Founders Grove Wealth Partners LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 268.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,684 shares of the company’s stock after buying an additional 7,059 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,157,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Beacon Capital Management LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Avion Wealth boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after purchasing an additional 114 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth $25,000. LRI Investments LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. Finally, Delos Wealth Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $34,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $119.46 on Friday. The firm’s fifty day moving average is $119.69 and its 200 day moving average is $119.21. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.43.

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 given a $0.3711 dividend. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) annualized dividend 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.