2,470 Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Purchased by Patten Group Inc.

Patten Group Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,470 shares of the company’s stock, valued at approximately $285,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hexagon Capital Partners LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock valued at $26,000 after buying an additional 197 shares during the period. Howe & Rusling Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Scarborough Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $32,000. Salem Investment Counselors Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 94.2% in the 1st quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock worth $35,000 after acquiring an additional 147 shares in the last quarter. Finally, Abich Financial Wealth Management LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 317 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ IEI traded down $0.03 during mid-day trading on Monday, hitting $119.03. 313,572 shares of the stock traded hands, compared to its average volume of 1,566,905. The stock has a fifty day moving average price of $116.92 and a 200-day moving average price of $115.62. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.3154 dividend. This represents a $3.79 annualized dividend and a dividend yield of 3.18%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Thursday, August 1st.

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).