Cogent Strategic Wealth LLC Buys New Shares in iShares 3-7 Year Treasury Bond ETF $IEI

Cogent Strategic Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 11,995 shares of the company’s stock, valued at approximately $1,429,000. iShares 3-7 Year Treasury Bond ETF makes up about 1.6% of Cogent Strategic Wealth LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds also recently made changes to their positions in the company. Asempa Wealth Advisors purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $926,000. Spartan Planning & Wealth Management raised its stake in iShares 3-7 Year Treasury Bond ETF by 192.4% during the fourth quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock worth $16,238,000 after acquiring an additional 89,526 shares during the period. Central Pacific Bank Trust Division bought a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $1,435,000. D.A. Davidson & CO. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 85.4% in the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock worth $9,034,000 after acquiring an additional 34,864 shares during the period. Finally, Captrust Financial Advisors boosted its position in iShares 3-7 Year Treasury Bond ETF by 54.6% during the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after acquiring an additional 1,992,633 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI opened at $117.19 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78. The firm has a 50-day moving average of $117.70 and a two-hundred day moving average of $118.72.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3694 per share. This is a positive change 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%. The ex-dividend date 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.