Valley Wealth Managers Inc. Has $425,000 Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Valley Wealth Managers Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,669 shares of the company’s stock after purchasing an additional 89 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $425,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IEI. Cerity Partners LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 75.6% in the 4th quarter. Cerity Partners LLC now owns 2,229,435 shares of the company’s stock worth $261,134,000 after purchasing an additional 960,139 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 21.2% during the 3rd quarter. Morgan Stanley now owns 3,632,667 shares of the company’s stock worth $411,073,000 after acquiring an additional 636,492 shares during the period. Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $48,111,000. International Assets Investment Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $37,384,000. Finally, Marks Wealth LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $36,213,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI traded up $0.53 during midday trading on Thursday, reaching $116.38. 677,429 shares of the company’s stock were exchanged, compared to its average volume of 1,601,636. The company’s 50 day simple moving average is $115.05 and its two-hundred day simple moving average is $115.43. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $111.45 and a 12 month high of $117.79.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.3012 per share. This represents a $3.61 annualized dividend and a yield of 3.11%. The ex-dividend date was Monday, July 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).