Whalen Wealth Management Inc. Grows Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Whalen Wealth Management Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 18.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,551 shares of the company’s stock after purchasing an additional 1,325 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 0.7% of Whalen Wealth Management Inc.’s portfolio, making the stock its 27th largest position. Whalen Wealth Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $988,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $264,000. Sequoia Financial Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 46.0% in the third quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock valued at $367,000 after buying an additional 967 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $682,000. Oliver Lagore Vanvalin Investment Group lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 258.1% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 70,217 shares of the company’s stock worth $8,108,000 after buying an additional 50,607 shares during the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.9% in the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 505,304 shares of the company’s stock valued at $60,437,000 after acquiring an additional 32,736 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.2 %

iShares 3-7 Year Treasury Bond ETF stock opened at $115.55 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33. The company has a fifty day moving average price of $115.86 and a two-hundred day moving average price of $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3303 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. This is a boost 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).