Procyon Advisors LLC Has $8.85 Million Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Procyon Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2,935.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 74,070 shares of the company’s stock after buying an additional 71,630 shares during the period. Procyon Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,852,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% during the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after buying an additional 90 shares in the last quarter. Channel Wealth LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after acquiring an additional 96 shares in the last quarter. Bensler LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Bensler LLC now owns 1,971 shares of the company’s stock worth $235,000 after acquiring an additional 97 shares during the last quarter. Wealthquest Corp grew its position in iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock worth $246,000 after acquiring an additional 99 shares during the last quarter. Finally, King Wealth Management Group increased its holdings in iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock valued at $260,000 after purchasing an additional 103 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

Shares of IEI opened at $119.52 on Thursday. The stock has a fifty day moving average price of $119.58 and a two-hundred day moving average price of $119.32. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $115.18 and a 52-week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.3711 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

iShares 3-7 Year Treasury Bond ETF Company 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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.