Assetmark Inc. Increases Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Assetmark Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,862,009 shares of the company’s stock after buying an additional 315,648 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 0.7% of Assetmark Inc.’s investment portfolio, making the stock its 27th biggest position. Assetmark Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $342,039,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in IEI. Meridian Wealth Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% during the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock valued at $1,756,000 after acquiring an additional 90 shares during the last quarter. Channel Wealth LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 2.4% during 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 period. Bensler LLC boosted its holdings 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 valued at $235,000 after acquiring an additional 97 shares during the last quarter. Wealthquest Corp increased its stake in iShares 3-7 Year Treasury Bond ETF by 5.0% during the second quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock worth $246,000 after acquiring an additional 99 shares during the last quarter. Finally, King Wealth Management Group raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock worth $260,000 after purchasing an additional 103 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $119.82 on Friday. The company’s 50 day moving average price is $119.32 and its 200 day moving average price is $119.46. iShares 3-7 Year Treasury Bond ETF has a one year low of $115.60 and a one year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.367 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.