Wealth Enhancement Advisory Services LLC Reduces Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wealth Enhancement Advisory Services LLC cut its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 136,453 shares of the company’s stock after selling 14,777 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $15,756,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hexagon Capital Partners LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 895.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock valued at $26,000 after buying an additional 197 shares during the period. Howe & Rusling Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. Scarborough Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth about $32,000. Salem Investment Counselors Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 94.2% during the first quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock valued at $35,000 after purchasing an additional 147 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 432.8% during the fourth quarter. Capital Analysts LLC now owns 309 shares of the company’s stock valued at $36,000 after purchasing an additional 251 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1 %

IEI stock traded up $0.12 on Wednesday, reaching $118.90. 250,521 shares of the company traded hands, compared to its average volume of 1,590,305. The firm has a fifty day simple moving average of $116.38 and a 200-day simple moving average of $115.51. iShares 3-7 Year Treasury Bond ETF has a one year low of $111.45 and a one year high of $119.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.3154 dividend. This represents a $3.79 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend was Thursday, August 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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).