Proathlete Wealth Management LLC Raises Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Proathlete Wealth Management LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,747 shares of the company’s stock after purchasing an additional 4,998 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 2.0% of Proathlete Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Proathlete Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,402,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Bogart Wealth LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after acquiring an additional 180 shares during the period. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $27,000. Coston McIsaac & Partners grew its stake in iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after acquiring an additional 156 shares during the period. Richardson Financial Services Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares during the period. Finally, PSI Advisors LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 76.7% in the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after acquiring an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.4 %

IEI stock opened at $116.11 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The company has a 50 day moving average price of $115.86 and a two-hundred day moving average price of $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid 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 annualized dividend and a yield of 3.41%. The ex-dividend date of this dividend 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).