Principal Securities Inc. Boosts Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Principal Securities Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,712 shares of the company’s stock after buying an additional 172 shares during the quarter. Principal Securities Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $776,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IEI. Bogart Wealth LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after purchasing an additional 180 shares during the last quarter. Fortitude Family Office LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $27,000. Richardson Financial Services Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares during the period. PSI Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 76.7% in 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 last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,693.3% in the fourth quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after purchasing an additional 404 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $116.04 on Friday. The company’s fifty day simple moving average is $115.60 and its two-hundred day simple moving average is $117.14. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.16 and a 12-month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.3292 per share. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).