TRU Independence Asset Management 2 LLC Raises Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

TRU Independence Asset Management 2 LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,274 shares of the company’s stock after acquiring an additional 349 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises about 2.0% of TRU Independence Asset Management 2 LLC’s investment portfolio, making the stock its 16th biggest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,343,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IEI. Patriot Investment Management Group Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% in the third quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock worth $224,000 after purchasing an additional 85 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after buying an additional 88 shares during the period. TAP Consulting LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the 3rd quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after acquiring an additional 91 shares during the last quarter. 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. Finally, RFG Advisory LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 5.5% in the 4th quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock valued at $236,000 after acquiring an additional 106 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $116.11 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33. The company’s 50-day moving average price is $115.86 and its 200-day moving average price is $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3303 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change 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 3.41%.

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).