Timber Creek Capital Management LLC Invests $940,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Timber Creek Capital Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 7,863 shares of the company’s stock, valued at approximately $940,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after acquiring an additional 180 shares in the last quarter. Coston McIsaac & Partners lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after acquiring an additional 156 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares in the last quarter. Rothschild Investment LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter worth about $38,000. Finally, Castleview Partners LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 65.2% during the third quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after acquiring an additional 133 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2 %

IEI stock opened at $117.13 on Friday. The business’s 50-day moving average price is $117.36 and its two-hundred day moving average price is $117.11. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3203 per share. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a yield of 3.28%.

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).