Nemes Rush Group LLC Purchases New Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Nemes Rush Group LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 370 shares of the company’s stock, valued at approximately $43,000.

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in iShares 3-7 Year Treasury Bond ETF by 8.8% in the 4th quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock valued at $1,209,267,000 after buying an additional 842,335 shares during the period. Assetmark Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 10.1% in the fourth quarter. Assetmark Inc. now owns 2,147,385 shares of the company’s stock worth $248,130,000 after acquiring an additional 197,809 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 9.7% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,921,326 shares of the company’s stock worth $244,999,000 after acquiring an additional 169,873 shares in the last quarter. Tanglewood Wealth Management Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 32.8% during the fourth quarter. Tanglewood Wealth Management Inc. now owns 1,454,378 shares of the company’s stock valued at $168,053,000 after purchasing an additional 359,189 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $165,416,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1 %

Shares of IEI stock opened at $117.87 on Thursday. 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 stock’s 50-day moving average is $116.80 and its two-hundred day moving average is $116.82.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be issued a $0.3417 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $4.10 dividend on an annualized basis and a yield of 3.48%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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).