Axxcess Wealth Management LLC Raises Position in iShares 3-7 Year Treasury Bond ETF $IEI

Axxcess Wealth Management LLC increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 18.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 95,397 shares of the company’s stock after acquiring an additional 15,197 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,386,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IEI. Country Trust Bank bought a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $26,000. Asset Dedication LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $28,000. Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $28,000. Finally, Ankerstar Wealth LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2%

IEI stock opened at $117.19 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.51 and a 52 week high of $120.78. The firm has a 50 day moving average of $117.73 and a 200 day moving average of $118.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3694 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, June 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). 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.