Arete Wealth Advisors LLC Has $901,000 Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Arete Wealth Advisors LLC cut its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,803 shares of the company’s stock after selling 369 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $901,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IEI. The Manufacturers Life Insurance Company grew its position in iShares 3-7 Year Treasury Bond ETF by 359.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 33,100 shares of the company’s stock worth $3,959,000 after acquiring an additional 25,900 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $682,000. Voya Financial Advisors Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $391,000. Kovitz Investment Group Partners LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 74.5% in the third quarter. Kovitz Investment Group Partners LLC now owns 497,746 shares of the company’s stock valued at $59,606,000 after buying an additional 212,472 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 59.2% during the 3rd quarter. Jane Street Group LLC now owns 82,697 shares of the company’s stock worth $9,891,000 after buying an additional 30,753 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $119.10 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33. The firm has a 50-day moving average price of $116.94 and a two-hundred day moving average price of $116.83.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3417 dividend. This represents a $4.10 annualized dividend and a yield of 3.44%. The ex-dividend date was Tuesday, April 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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).