Royal Fund Management LLC Invests $273,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Royal Fund Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 2,359 shares of the company’s stock, valued at approximately $273,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hexagon Capital Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after purchasing an additional 197 shares during the period. Howe & Rusling Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Kozak & Associates Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $31,000. Halpern Financial Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Finally, Scarborough Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $32,000.

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

Shares of IEI stock traded down $0.03 during midday trading on Monday, hitting $115.73. The company had a trading volume of 28,881 shares, compared to its average volume of 1,649,483. The company’s 50 day simple moving average is $114.55 and its 200 day simple moving average is $115.48. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $111.45 and a 52-week high of $117.79.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.2992 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.59 annualized dividend and a yield of 3.10%.

iShares 3-7 Year Treasury Bond ETF Company 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).