Leavell Investment Management Inc. Boosts Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Leavell Investment Management Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 16.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 134,546 shares of the company’s stock after acquiring an additional 19,105 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 0.9% of Leavell Investment Management Inc.’s portfolio, making the stock its 19th biggest holding. Leavell Investment Management Inc. owned approximately 0.12% of iShares 3-7 Year Treasury Bond ETF worth $15,582,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Fortune Financial Advisors LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 23,322 shares of the company’s stock valued at $2,732,000 after purchasing an additional 102 shares during the last quarter. Choreo LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 2.8% during the fourth quarter. Choreo LLC now owns 7,489 shares of the company’s stock valued at $877,000 after acquiring an additional 204 shares during the period. Krilogy Financial LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 895.3% during the fourth quarter. Krilogy Financial LLC now owns 122,687 shares of the company’s stock valued at $14,370,000 after acquiring an additional 110,360 shares during the period. O Shaughnessy Asset Management LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 12.8% during the third quarter. O Shaughnessy Asset Management LLC now owns 64,293 shares of the company’s stock valued at $7,275,000 after acquiring an additional 7,276 shares during the period. Finally, JMG Financial Group Ltd. grew its position in iShares 3-7 Year Treasury Bond ETF by 22.1% during the fourth quarter. JMG Financial Group Ltd. now owns 4,726 shares of the company’s stock valued at $554,000 after acquiring an additional 855 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI traded down $0.24 on Thursday, hitting $114.49. The company had a trading volume of 863,201 shares, compared to its average volume of 1,767,981. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $117.79. The business has a 50 day moving average of $114.55 and a two-hundred day moving average of $115.34.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.2956 per share. This represents a $3.55 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend was Wednesday, May 1st.

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).