Kovack Advisors Inc. Takes Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Kovack Advisors Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,260 shares of the company’s stock, valued at approximately $261,000.

A number of other large investors also recently modified their holdings of IEI. Fortitude Family Office LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $27,000. PSI Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 76.7% in the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after acquiring an additional 145 shares in the last quarter. WealthShield Partners LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 33.7% during the fourth quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock worth $46,000 after purchasing an additional 100 shares during the last quarter. Sound Income Strategies LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after buying an additional 404 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $53,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4 %

IEI stock opened at $117.79 on Friday. The company has a fifty day moving average price of $115.77 and a 200 day moving average price of $117.09. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month 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. Investors of record on Monday, February 3rd were issued a dividend of $0.3292 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).