D.A. Davidson & CO. Grows Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

D.A. Davidson & CO. lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 57.6% during the first quarter, HoldingsChannel.com reports. The fund owned 119,328 shares of the company’s stock after acquiring an additional 43,632 shares during the period. D.A. Davidson & CO.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $14,152,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEI. Country Trust Bank acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Cardinal Strategic Wealth Guidance acquired a new position in iShares 3-7 Year Treasury Bond ETF during the first quarter worth $25,000. Howe & Rusling Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 111.0% in the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 111 shares in the last quarter. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $26,000. Finally, Asset Dedication LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth $28,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $116.95 on Friday. The firm has a 50 day simple moving average of $117.18 and a 200-day simple moving average of $118.40. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.43 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3625 per share. The ex-dividend date was Wednesday, July 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.