iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Position Increased by Cascades Capital Asset Management LLC

Cascades Capital Asset Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 22.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,617 shares of the company’s stock after buying an additional 3,769 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.3% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its 16th largest holding. Cascades Capital Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,382,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its position in iShares 3-7 Year Treasury Bond ETF by 359.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 33,100 shares of the company’s stock valued at $3,959,000 after purchasing an additional 25,900 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $682,000. Voya Financial Advisors Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $391,000. Kovitz Investment Group Partners LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 74.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 497,746 shares of the company’s stock worth $59,606,000 after buying an additional 212,472 shares during the period. Finally, Jane Street Group LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 59.2% in the 3rd quarter. Jane Street Group LLC now owns 82,697 shares of the company’s stock worth $9,891,000 after buying an additional 30,753 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $119.10 on Friday. The stock’s 50 day moving average price is $116.94 and its 200 day moving average price is $116.83. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3417 per share. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.44%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, April 1st.

iShares 3-7 Year Treasury Bond ETF Company 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).