Wrapmanager Inc. Acquires 11,375 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wrapmanager Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 26.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,227 shares of the company’s stock after buying an additional 11,375 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 1.7% of Wrapmanager Inc.’s holdings, making the stock its 16th largest holding. Wrapmanager Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,486,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Prospera Financial Services Inc grew its stake in iShares 3-7 Year Treasury Bond ETF by 127.0% during the third quarter. Prospera Financial Services Inc now owns 7,568 shares of the company’s stock worth $905,000 after buying an additional 4,234 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth about $53,000. Napa Wealth Management raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 28.8% in the third quarter. Napa Wealth Management now owns 10,043 shares of the company’s stock worth $1,201,000 after acquiring an additional 2,245 shares during the last quarter. J. W. Coons Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 3.2% in the 3rd quarter. J. W. Coons Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,272,000 after purchasing an additional 325 shares during the last quarter. Finally, ETF Store Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 23.4% in the 3rd quarter. ETF Store Inc. now owns 24,076 shares of the company’s stock valued at $2,880,000 after purchasing an additional 4,565 shares during the last quarter.

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

Shares of NASDAQ IEI opened at $116.03 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The firm’s 50-day moving average is $118.07 and its 200-day moving average is $116.98.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.3203 dividend. This represents a $3.84 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).