iShares 3-7 Year Treasury Bond ETF $IEI Shares Purchased by Midwest Professional Planners LTD.

Midwest Professional Planners LTD. boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 71,494 shares of the company’s stock after buying an additional 4,419 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises approximately 1.6% of Midwest Professional Planners LTD.’s portfolio, making the stock its 12th biggest holding. Midwest Professional Planners LTD.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,397,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rehmann Capital Advisory Group raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 24.2% during the second quarter. Rehmann Capital Advisory Group now owns 59,748 shares of the company’s stock valued at $7,017,000 after acquiring an additional 11,661 shares during the last quarter. Greenleaf Trust purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $52,932,000. Blue Edge Capital LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth approximately $343,000. Charles Schwab Trust Co boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 4.9% in the second quarter. Charles Schwab Trust Co now owns 2,865 shares of the company’s stock worth $336,000 after acquiring an additional 134 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.3% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,379 shares of the company’s stock worth $2,159,000 after acquiring an additional 1,258 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $115.53 on Wednesday. The business has a fifty day moving average price of $116.69 and a 200 day moving average price of $117.75. iShares 3-7 Year Treasury Bond ETF has a one year low of $115.50 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.3713 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.36.

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.