Fortitude Family Office LLC Buys Shares of 235 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fortitude Family Office LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 235 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors also recently modified their holdings of IEI. Silverleafe Capital Partners LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $1,829,000. Boltwood Capital Management raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.7% during the fourth quarter. Boltwood Capital Management now owns 97,629 shares of the company’s stock valued at $11,281,000 after purchasing an additional 5,304 shares during the period. Confluence Investment Management LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 31.9% during the 4th quarter. Confluence Investment Management LLC now owns 46,315 shares of the company’s stock worth $5,352,000 after purchasing an additional 11,202 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock valued at $1,150,956,000 after buying an additional 226,138 shares during the period. Finally, Logan Capital Management Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $98,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.5 %

IEI stock opened at $114.68 on Friday. The stock’s 50 day simple moving average is $116.02 and its 200 day simple moving average is $117.26. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3303 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date was Wednesday, December 18th.

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).