Synergy Asset Management LLC Purchases New Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Synergy Asset Management LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,270 shares of the company’s stock, valued at approximately $378,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IEI. Bogart Wealth LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after acquiring an additional 180 shares during the period. Fortitude Family Office LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $27,000. Coston McIsaac & Partners raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the period. Richardson Financial Services Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares during the last quarter. Finally, PSI Advisors LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $116.17 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The stock’s fifty day moving average price is $115.86 and its two-hundred day moving average price is $117.24.

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 given a dividend of $0.3303 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Wednesday, December 18th. 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).