Royal Fund Management LLC Increases Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Royal Fund Management LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 373.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,039 shares of the company’s stock after buying an additional 11,864 shares during the period. Royal Fund Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,802,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Wealth Partners Ltd. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 9.3% during the third quarter. Strategic Wealth Partners Ltd. now owns 189,875 shares of the company’s stock worth $22,710,000 after purchasing an additional 16,188 shares during the last quarter. Brookstone Capital Management increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 279.4% in the third quarter. Brookstone Capital Management now owns 54,020 shares of the company’s stock valued at $6,461,000 after buying an additional 39,781 shares in the last quarter. Atomi Financial Group Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 15.2% during the 3rd quarter. Atomi Financial Group Inc. now owns 7,171 shares of the company’s stock worth $858,000 after buying an additional 948 shares during the last quarter. Legacy Private Trust Co. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the 3rd quarter. Legacy Private Trust Co. now owns 18,559 shares of the company’s stock worth $2,220,000 after buying an additional 765 shares in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $6,150,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI traded down $0.15 during mid-day trading on Wednesday, hitting $117.79. 62,128 shares of the company’s stock traded hands, compared to its average volume of 1,583,978. The firm’s 50 day simple moving average is $119.06 and its 200 day simple moving average is $116.48. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $111.45 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3197 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).