Focus Partners Wealth Grows Position in iShares 3-7 Year Treasury Bond ETF $IEI

Focus Partners Wealth increased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 18.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 939,394 shares of the company’s stock after buying an additional 144,183 shares during the period. Focus Partners Wealth owned about 0.63% of iShares 3-7 Year Treasury Bond ETF worth $112,117,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IEI. Asempa Wealth Advisors acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $926,000. Spartan Planning & Wealth Management boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 192.4% in the fourth quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after purchasing an additional 89,526 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,435,000. D.A. Davidson & CO. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 85.4% in the fourth quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock valued at $9,034,000 after purchasing an additional 34,864 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 54.6% in the third quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after purchasing an additional 1,992,633 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $117.21 on Monday. The stock has a 50 day moving average price of $117.81 and a 200 day moving average price of $118.82. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3694 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was 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.