Proffitt & Goodson Inc. Purchases 38,958 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Proffitt & Goodson Inc. raised its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 169.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 62,000 shares of the company’s stock after acquiring an additional 38,958 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up about 1.2% of Proffitt & Goodson Inc.’s holdings, making the stock its 18th largest holding. Proffitt & Goodson Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $7,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth about $264,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at $682,000. Principal Securities Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 2.6% during the fourth quarter. Principal Securities Inc. now owns 6,712 shares of the company’s stock valued at $776,000 after buying an additional 172 shares during the last quarter. Silverleafe Capital Partners LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $1,829,000. Finally, World Investment Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth $1,054,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $117.79 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33. The stock has a fifty day simple moving average of $115.72 and a two-hundred day simple moving average of $117.09.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3292 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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).