Axxcess Wealth Management LLC Has $11.39 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Axxcess Wealth Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 18.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,397 shares of the company’s stock after purchasing an additional 15,197 shares during the quarter. Axxcess Wealth Management LLC owned 0.06% of iShares 3-7 Year Treasury Bond ETF worth $11,386,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Asempa Wealth Advisors purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $926,000. Spartan Planning & Wealth Management grew its position in iShares 3-7 Year Treasury Bond ETF by 192.4% during the 4th 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 during the last quarter. Central Pacific Bank Trust Division purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $1,435,000. D.A. Davidson & CO. raised its stake in shares of 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 worth $9,034,000 after purchasing an additional 34,864 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in 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 worth $674,433,000 after buying an additional 1,992,633 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $117.19 on Friday. The stock’s fifty day moving average price is $117.73 and its 200-day moving average price is $118.73. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.51 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.