Dakota Wealth Management Invests $223,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Dakota Wealth Management acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,931 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors also recently added to or reduced their stakes in IEI. Bogart Wealth LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after buying an additional 180 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $27,000. Coston McIsaac & Partners grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% during the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the period. Richardson Financial Services Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares in the last quarter. Finally, PSI Advisors LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% in the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $115.65 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33. The company’s 50-day moving average price is $115.85 and its 200 day moving average price is $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3303 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. This is a boost 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).