Confluence Investment Management LLC Boosts Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Confluence Investment Management LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 31.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 46,315 shares of the company’s stock after purchasing an additional 11,202 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,352,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Bogart Wealth LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares during the period. Coston McIsaac & Partners increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after buying an additional 156 shares during the period. Richardson Financial Services Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after acquiring an additional 252 shares in the last quarter. Rothschild Investment LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $38,000. Finally, Castleview Partners LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 65.2% during the 3rd quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after acquiring an additional 133 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $115.54 on Friday. The firm has a 50-day simple moving average of $116.18 and a 200-day simple moving average of $117.27. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).