Fortune Financial Advisors LLC Raises Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fortune Financial Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 25,391 shares of the company’s stock after acquiring an additional 653 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for about 2.7% of Fortune Financial Advisors LLC’s portfolio, making the stock its 7th largest holding. Fortune Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,934,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Bogart Wealth LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after buying an additional 180 shares during the period. Fortitude Family Office LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $27,000. Coston McIsaac & Partners lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after purchasing an additional 156 shares in the last quarter. Richardson Financial Services Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% during the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after buying an additional 252 shares during the last quarter. Finally, PSI Advisors LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after buying an additional 145 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $116.17 on Friday. The stock’s fifty day simple moving average is $115.86 and its two-hundred day simple moving average is $117.24. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3303 per share. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date was Wednesday, December 18th.

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).