Courier Capital LLC Purchases 16,257 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Courier Capital LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 83.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,636 shares of the company’s stock after buying an additional 16,257 shares during the period. Courier Capital LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $98,000. Oppenheimer & Co. Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 6.7% in the second quarter. Oppenheimer & Co. Inc. now owns 12,990 shares of the company’s stock valued at $1,500,000 after buying an additional 815 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock worth $442,055,000 after buying an additional 157,810 shares in the last quarter. Tennessee Valley Asset Management Partners bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $4,951,000. Finally, Clearstead Trust LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $81,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock traded down $0.11 on Monday, reaching $114.57. 2,257,445 shares of the company were exchanged, compared to its average volume of 1,866,612. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The company has a 50-day moving average of $115.99 and a 200-day moving average of $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend was Wednesday, December 18th.

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).