Lido Advisors LLC Acquires 85,473 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Lido Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 85,473 shares of the company’s stock, valued at approximately $9,696,000. Lido Advisors LLC owned approximately 0.06% of iShares 3-7 Year Treasury Bond ETF at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Independence Financial Advisors LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the 3rd quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock valued at $20,983,000 after acquiring an additional 9,123 shares during the last quarter. Evergreen Capital Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $104,931,000. Legacy Private Trust Co. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $1,377,000. Bank of America Corp DE raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after acquiring an additional 2,627,948 shares in the last quarter. Finally, Silicon Valley Capital Partners lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 13.2% in the 2nd quarter. Silicon Valley Capital Partners now owns 357,310 shares of the company’s stock worth $41,966,000 after purchasing an additional 41,726 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $113.85 on Friday. The business has a 50 day moving average price of $114.31 and a 200 day moving average price of $116.96. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.3809 per share. This represents a $4.57 annualized dividend and a yield of 4.0%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. The ex-dividend date was Monday, November 2nd.

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). 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.