Wrapmanager Inc. Purchases 4,677 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wrapmanager Inc. increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 58,904 shares of the company’s stock after purchasing an additional 4,677 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up about 1.7% of Wrapmanager Inc.’s investment portfolio, making the stock its 16th largest position. Wrapmanager Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in IEI. Fortitude Family Office LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $27,000. PSI Advisors LLC increased its holdings in shares of 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 buying an additional 145 shares during the last quarter. WealthShield Partners LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 33.7% during the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after buying an additional 100 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,693.3% in the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock valued at $48,000 after acquiring an additional 404 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter worth about $53,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.63 on Tuesday. The stock’s 50 day simple moving average is $115.62 and its two-hundred 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3292 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

iShares 3-7 Year Treasury Bond ETF 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).