Arete Wealth Advisors LLC Raises Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Arete Wealth Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 35.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,172 shares of the company’s stock after acquiring an additional 2,152 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $977,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Patriot Investment Management Group Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after purchasing an additional 85 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% during the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock valued at $1,564,000 after buying an additional 88 shares during the last quarter. TAP Consulting LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% in the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after buying an additional 91 shares during the period. Bank Hapoalim BM lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 2nd quarter. Bank Hapoalim BM now owns 20,015 shares of the company’s stock valued at $2,311,000 after acquiring an additional 96 shares during the last quarter. Finally, Robinson Value Management Ltd. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.5% during the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock valued at $2,669,000 after acquiring an additional 100 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.13 on Friday. The stock’s 50 day simple moving average is $117.36 and its 200 day simple moving average is $117.09. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year 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. This represents a $3.84 annualized dividend and a yield of 3.28%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 3-7 Year Treasury Bond ETF Company Profile

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).