iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Bought by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,599 shares of the company’s stock after acquiring an additional 2,785 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,922,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the fourth quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after acquiring an additional 404 shares during the period. RFG Advisory LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.5% during the 4th quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock worth $236,000 after purchasing an additional 106 shares in the last quarter. MFA Wealth Services acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $5,350,000. Whalen Wealth Management Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 18.3% in the 4th quarter. Whalen Wealth Management Inc. now owns 8,551 shares of the company’s stock valued at $988,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.3% in the fourth quarter. Magnus Financial Group LLC now owns 25,141 shares of the company’s stock valued at $2,905,000 after purchasing an additional 1,270 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $115.65 on Friday. The company’s 50-day moving average price is $115.85 and its 200 day moving average price is $117.25. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33.

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 of this dividend 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).