20,228 Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Acquired by Meridian Wealth Management LLC

Meridian Wealth Management LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, Holdings Channel reports. The firm purchased 20,228 shares of the company’s stock, valued at approximately $2,419,000.

Other large investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 46.0% during the third quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock worth $367,000 after buying an additional 967 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter worth approximately $9,445,000. Crescent Grove Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter worth approximately $212,000. Raymond James Financial Services Advisors Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 3.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock worth $21,915,000 after buying an additional 5,536 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 5.2% during the second quarter. Private Advisor Group LLC now owns 76,454 shares of the company’s stock worth $8,828,000 after buying an additional 3,805 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $115.96 on Friday. The business has a fifty day moving average price of $117.76 and a two-hundred day moving average price of $117.00. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week 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. Shareholders of record on Friday, November 1st were paid a dividend of $0.3203 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a yield of 3.31%.

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).