6,386 Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Acquired by Nwam LLC

Nwam LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,386 shares of the company’s stock, valued at approximately $764,000.

Several other large investors have also recently modified their holdings of IEI. Sequoia Financial Advisors LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 46.0% in the third quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock worth $367,000 after acquiring an additional 967 shares during the period. Nisa Investment Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $9,445,000. Crescent Grove Advisors LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $212,000. Raymond James Financial Services Advisors Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 3.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock worth $21,915,000 after buying an additional 5,536 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 5.2% during the second quarter. Private Advisor Group LLC now owns 76,454 shares of the company’s stock worth $8,828,000 after buying an additional 3,805 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $115.96 on Friday. The firm’s fifty day simple moving average is $117.68 and its two-hundred day simple moving average is $117.01. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3203 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.84 annualized dividend and a yield of 3.31%. 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).