iShares 3-7 Year Treasury Bond ETF $IEI Shares Newly Acquired by RCS Financial Planning LLC

RCS Financial Planning LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 97,347 shares of the company’s stock, valued at approximately $11,043,000. iShares 3-7 Year Treasury Bond ETF comprises 6.0% of RCS Financial Planning LLC’s holdings, making the stock its 2nd largest position. RCS Financial Planning LLC owned approximately 0.07% of iShares 3-7 Year Treasury Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in IEI. Israel Discount Bank of New York increased its stake in iShares 3-7 Year Treasury Bond ETF by 72.2% during the third quarter. Israel Discount Bank of New York now owns 25,024 shares of the company’s stock valued at $2,839,000 after acquiring an additional 10,492 shares during the period. MFA Wealth Services raised its holdings in iShares 3-7 Year Treasury Bond ETF by 4.3% in the 3rd quarter. MFA Wealth Services now owns 56,715 shares of the company’s stock valued at $6,434,000 after acquiring an additional 2,359 shares in the last quarter. Cooke Wealth Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $672,000. Maltin Wealth Management Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 104.1% in the 3rd quarter. Maltin Wealth Management Inc. now owns 70,645 shares of the company’s stock worth $8,014,000 after acquiring an additional 36,028 shares during the period. Finally, Fluent Financial LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $325,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock traded up $0.05 during mid-day trading on Wednesday, reaching $113.62. The stock had a trading volume of 1,654,395 shares, compared to its average volume of 1,860,464. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78. The firm’s 50 day simple moving average is $115.10 and its 200 day simple moving average is $116.63.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3683 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.9%.

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.