Beacon Bank & Trust Purchases 26,042 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Beacon Bank & Trust boosted its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 15.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 199,905 shares of the company’s stock after acquiring an additional 26,042 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises about 5.1% of Beacon Bank & Trust’s investment portfolio, making the stock its 4th biggest holding. Beacon Bank & Trust’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $23,891,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IEI. Global Retirement Partners LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 20.7% during the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock worth $3,445,000 after acquiring an additional 4,938 shares in the last quarter. MBL Wealth LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% during the third quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock worth $25,071,000 after purchasing an additional 9,581 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 14.9% during the third quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock valued at $7,676,000 after purchasing an additional 8,353 shares during the last quarter. WestEnd Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 13.8% during the third quarter. WestEnd Advisors LLC now owns 1,155,466 shares of the company’s stock valued at $138,091,000 after purchasing an additional 139,823 shares during the last quarter. Finally, Hershey Financial Advisers LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $3,726,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

IEI stock opened at $119.33 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.51 and a one year high of $120.43. The firm has a 50-day moving average of $119.57 and a two-hundred day moving average of $119.31.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3711 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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.