Canal Capital Management LLC Purchases 6,638 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Canal Capital Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,178 shares of the company’s stock after buying an additional 6,638 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 2.3% of Canal Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Canal Capital Management LLC owned 0.09% of iShares 3-7 Year Treasury Bond ETF worth $17,218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Asempa Wealth Advisors purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $926,000. Spartan Planning & Wealth Management boosted its position in iShares 3-7 Year Treasury Bond ETF by 192.4% in the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after buying an additional 89,526 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $1,435,000. D.A. Davidson & CO. increased 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 buying an additional 34,864 shares during the last quarter. Finally, 4J Wealth Management LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 28.7% in the 4th quarter. 4J Wealth Management LLC now owns 54,012 shares of the company’s stock worth $6,446,000 after purchasing an additional 12,060 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $117.11 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.51 and a 12-month high of $120.78. The stock’s 50 day simple moving average is $117.43 and its 200 day simple moving average is $118.57.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a $0.3625 dividend. The ex-dividend date of this dividend is Wednesday, July 1st.

iShares 3-7 Year Treasury Bond ETF Profile

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.