Armstrong Advisory Group Inc. Has $117.97 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Armstrong Advisory Group Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 988,397 shares of the company’s stock after acquiring an additional 30,837 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 8.0% 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 $117,965,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of IEI. JPMorgan Chase & Co. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% during the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after purchasing an additional 4,523,903 shares during the period. Captrust Financial Advisors grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after buying an additional 1,992,633 shares during the period. Clarity Financial LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 126.8% in the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock valued at $157,321,000 after buying an additional 735,931 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares 3-7 Year Treasury Bond ETF by 216.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock valued at $88,319,000 after buying an additional 505,360 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 399.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock valued at $70,839,000 after buying an additional 475,718 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.5%

Shares of NASDAQ:IEI opened at $118.08 on Friday. The business’s 50 day simple moving average is $119.42 and its two-hundred day simple moving average is $119.58. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.62 and a 52-week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.