Rossby Financial LCC Purchases Shares of 2,550 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Rossby Financial LCC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,550 shares of the company’s stock, valued at approximately $295,000.

Several other institutional investors have also recently modified their holdings of IEI. Nwam LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 96.4% during the fourth quarter. Nwam LLC now owns 12,542 shares of the company’s stock worth $1,449,000 after buying an additional 6,156 shares in 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 during the third quarter valued at $682,000. Principal Securities Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 2.6% during the 4th quarter. Principal Securities Inc. now owns 6,712 shares of the company’s stock worth $776,000 after purchasing an additional 172 shares in the last quarter. Silverleafe Capital Partners LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $1,829,000. Finally, World Investment Advisors LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $1,054,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.6 %

Shares of NASDAQ IEI opened at $117.66 on Tuesday. The company has a 50-day simple moving average of $117.22 and a 200-day simple moving average of $116.69. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.3417 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $4.10 annualized dividend and a yield of 3.49%. The ex-dividend date was Tuesday, April 1st.

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).