iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Bought by Napa Wealth Management

Napa Wealth Management increased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 28.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,043 shares of the company’s stock after purchasing an additional 2,245 shares during the quarter. Napa Wealth Management’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 26.5% in the 1st quarter. Jacobi Capital Management LLC now owns 5,239 shares of the company’s stock worth $607,000 after acquiring an additional 1,098 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 21.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 89,416 shares of the company’s stock worth $10,355,000 after purchasing an additional 15,642 shares during the period. Atlanta Consulting Group Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at $56,000. Vaughan David Investments LLC IL acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at about $480,000. Finally, Pitcairn Co. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth approximately $641,000.

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

Shares of IEI opened at $115.72 on Monday. The company’s 50 day moving average price is $118.07 and its 200 day moving average price is $116.98. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3203 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a dividend yield of 3.32%. The ex-dividend date was Friday, November 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).