Camden National Bank Acquires 4,985 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Camden National Bank increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,961 shares of the company’s stock after purchasing an additional 4,985 shares during the quarter. Camden National Bank’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Wealth LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $1,334,000. Founders Financial Securities LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $424,000. DT Investment Partners LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 9,108.5% during the fourth quarter. DT Investment Partners LLC now owns 190,155 shares of the company’s stock valued at $22,695,000 after buying an additional 188,090 shares during the last quarter. Cherry Tree Wealth Management LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 214.7% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 343 shares of the company’s stock valued at $41,000 after buying an additional 234 shares during the last quarter. Finally, Pasadena Private Wealth LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 55.8% during the fourth quarter. Pasadena Private Wealth LLC now owns 3,930 shares of the company’s stock valued at $469,000 after buying an additional 1,408 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.4%

Shares of NASDAQ:IEI opened at $117.23 on Tuesday. The stock has a fifty day simple moving average of $118.02 and a two-hundred day simple moving average of $118.99. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.51 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be given a dividend of $0.3694 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend is Monday, June 1st.

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.