Woodmont Investment Counsel LLC Grows Position in iShares 3-7 Year Treasury Bond ETF $IEI

Woodmont Investment Counsel LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,644 shares of the company’s stock after purchasing an additional 9,721 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 0.9% of Woodmont Investment Counsel LLC’s portfolio, making the stock its 29th largest position. Woodmont Investment Counsel LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $13,821,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Avion Wealth lifted its position in iShares 3-7 Year Treasury Bond ETF by 111.8% during the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. LRI Investments LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% during the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $34,000. Finally, Sound Income Strategies LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $36,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $119.35 on Monday. The business’s fifty day simple moving average is $119.46 and its 200 day simple moving average is $119.41. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $115.18 and a 52 week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3711 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

iShares 3-7 Year Treasury Bond ETF Company 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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.