Cabot Wealth Management Inc. Buys 1,869 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Cabot Wealth Management Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,169 shares of the company’s stock after buying an additional 1,869 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises 1.7% of Cabot Wealth Management Inc.’s portfolio, making the stock its 20th largest holding. Cabot Wealth Management Inc. owned approximately 0.09% of iShares 3-7 Year Treasury Bond ETF worth $13,192,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth $264,000. Sequoia Financial Advisors LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 46.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock worth $367,000 after acquiring an additional 967 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $682,000. Cantor Fitzgerald Investment Advisors L.P. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 6.9% during the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 505,304 shares of the company’s stock valued at $60,437,000 after acquiring an additional 32,736 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% during the third quarter. Signaturefd LLC now owns 629 shares of the company’s stock worth $75,000 after purchasing an additional 273 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $116.46 on Friday. The company’s 50 day moving average is $115.61 and its 200 day moving average 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 business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3292 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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).