Vision Capital Management Inc. Makes New $4.18 Million Investment in iShares 3-7 Year Treasury Bond ETF $IEI

Vision Capital Management Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 36,844 shares of the company’s stock, valued at approximately $4,180,000.

Several other large investors also recently bought and sold shares of the company. Tred Avon Family Wealth LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.1% during the 3rd quarter. Tred Avon Family Wealth LLC now owns 12,954 shares of the company’s stock worth $1,470,000 after purchasing an additional 855 shares during the last quarter. Freedom Day Solutions LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at $287,000. Investment Research Partners LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 176.3% during the third quarter. Investment Research Partners LLC now owns 13,081 shares of the company’s stock worth $1,484,000 after buying an additional 8,347 shares in the last quarter. Smithbridge Asset Management Inc. DE purchased a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $321,000. Finally, Kaufman Rossin Wealth LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $976,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $114.00 on Tuesday. The firm has a 50-day moving average price of $114.90 and a 200 day moving average price of $116.51. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $112.88 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3683 per share. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.9%. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date was Thursday, October 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). 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.