Bryn Mawr Capital Management LLC Makes New $1.90 Million Investment in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Bryn Mawr Capital Management LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Rating) in the 4th quarter, Holdings Channel reports. The firm purchased 16,540 shares of the company’s stock, valued at approximately $1,900,000.

Several other hedge funds also recently bought and sold shares of the stock. Private Trust Co. NA increased its position in iShares 3-7 Year Treasury Bond ETF by 4.3% during the fourth quarter. Private Trust Co. NA now owns 2,114 shares of the company’s stock worth $243,000 after buying an additional 88 shares in the last quarter. Forefront Analytics LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 0.4% during the third quarter. Forefront Analytics LLC now owns 21,223 shares of the company’s stock worth $2,427,000 after buying an additional 91 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 1.4% during the third quarter. Oppenheimer & Co. Inc. now owns 10,833 shares of the company’s stock worth $1,238,000 after buying an additional 147 shares in the last quarter. Investors Research Corp increased its position in iShares 3-7 Year Treasury Bond ETF by 10.9% during the fourth quarter. Investors Research Corp now owns 1,501 shares of the company’s stock worth $172,000 after buying an additional 147 shares in the last quarter. Finally, Toroso Investments LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 2.3% during the third quarter. Toroso Investments LLC now owns 6,673 shares of the company’s stock worth $763,000 after buying an additional 153 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock traded down $0.06 during mid-day trading on Friday, hitting $115.99. 149,537 shares of the company were exchanged, compared to its average volume of 1,863,607. The business’s 50 day simple moving average is $117.85 and its two-hundred day simple moving average is $116.84. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.26 and a 12-month high of $121.47.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were given a $0.201 dividend. The ex-dividend date of this dividend was Monday, May 1st. This represents a $2.41 dividend on an annualized basis and a dividend yield of 2.08%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.19.

iShares 3-7 Year Treasury Bond ETF Profile

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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).