Synergy Asset Management LLC Takes $378,000 Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Synergy Asset Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, Holdings Channel reports. The institutional investor bought 3,270 shares of the company’s stock, valued at approximately $378,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% in the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after acquiring an additional 2,632,906 shares during the last quarter. National Bank of Canada FI lifted its stake in iShares 3-7 Year Treasury Bond ETF by 2,099.1% in the third quarter. National Bank of Canada FI now owns 468,420 shares of the company’s stock worth $56,025,000 after purchasing an additional 447,119 shares during the last quarter. LPL Financial LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 23.0% in the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock worth $213,546,000 after purchasing an additional 334,081 shares during the last quarter. Clarity Financial LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 100.2% during the third quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock valued at $64,571,000 after buying an additional 270,178 shares during the period. Finally, SkyView Investment Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at about $29,676,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $116.17 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33. The stock has a 50-day moving average of $115.86 and a 200-day moving average of $117.24.

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 given a $0.3303 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 annualized dividend and a yield of 3.41%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).