4J Wealth Management LLC Buys Shares of 31,985 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

4J Wealth Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, Holdings Channel reports. The firm bought 31,985 shares of the company’s stock, valued at approximately $3,696,000. iShares 3-7 Year Treasury Bond ETF accounts for about 3.0% of 4J Wealth Management LLC’s portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC lifted its holdings 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 worth $27,000 after acquiring an additional 180 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $27,000. Coston McIsaac & Partners lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after acquiring an additional 156 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares during the last quarter. Finally, PSI Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% in the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after acquiring an additional 145 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.13 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The firm’s 50 day moving average price is $115.86 and its 200-day moving average price is $117.24.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

About iShares 3-7 Year Treasury Bond ETF

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).