Forefront Wealth Partners LLC Makes New $4.64 Million Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Forefront Wealth Partners LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 38,807 shares of the company’s stock, valued at approximately $4,638,000. iShares 3-7 Year Treasury Bond ETF comprises approximately 1.2% of Forefront Wealth Partners LLC’s portfolio, making the stock its 23rd biggest position.

Other hedge funds also recently made changes to their positions in the company. Meridian Wealth Management LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% in the 2nd quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after purchasing an additional 90 shares in the last quarter. Channel Wealth LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after buying an additional 96 shares during the last quarter. Bensler LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 5.2% in the second quarter. Bensler LLC now owns 1,971 shares of the company’s stock worth $235,000 after buying an additional 97 shares during the last quarter. Wealthquest Corp increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the second quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock valued at $246,000 after buying an additional 99 shares in the last quarter. Finally, King Wealth Management Group lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock valued at $260,000 after acquiring an additional 103 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $119.56 on Wednesday. The business has a fifty day simple moving average of $119.67 and a 200-day simple moving average of $119.24. 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 business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders 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. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

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). 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.