Magnus Financial Group LLC Buys 1,270 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Magnus Financial Group LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,141 shares of the company’s stock after purchasing an additional 1,270 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,905,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of IEI. Bogart Wealth LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after purchasing an additional 180 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $27,000. Coston McIsaac & Partners increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% during the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after acquiring an additional 156 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares in the last quarter. Finally, PSI Advisors LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $115.75 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The business has a fifty day moving average of $115.87 and a 200 day moving average of $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.3303 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Wednesday, December 18th.

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).