Tennessee Valley Asset Management Partners Grows Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Tennessee Valley Asset Management Partners boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,115 shares of the company’s stock after buying an additional 3,806 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 0.9% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 20th biggest position. Tennessee Valley Asset Management Partners’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Patriot Investment Management Group Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% in the third quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after buying an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock valued at $1,564,000 after acquiring an additional 88 shares in the last quarter. TAP Consulting LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.8% during the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after purchasing an additional 91 shares during the period. Robinson Value Management Ltd. increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.5% during the third quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock worth $2,669,000 after purchasing an additional 100 shares during the period. Finally, RFG Advisory LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.5% during the fourth quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock worth $236,000 after purchasing an additional 106 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $115.65 on Monday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33. The company has a 50 day moving average price of $115.85 and a 200 day moving average price of $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3303 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 annualized dividend and a dividend yield of 3.43%.

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).