Elevated Capital Advisors LLC Decreases Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Elevated Capital Advisors LLC lowered its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 65.0% during the fourth quarter, Holdings Channel reports. The fund owned 8,271 shares of the company’s stock after selling 15,346 shares during the period. Elevated Capital Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $956,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Fiduciary Alliance LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 13.4% during the 4th quarter. Fiduciary Alliance LLC now owns 4,158 shares of the company’s stock worth $480,000 after purchasing an additional 490 shares during the period. NorthCrest Asset Manangement LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.4% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 39,290 shares of the company’s stock worth $4,699,000 after buying an additional 149 shares during the period. Fortitude Family Office LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $27,000. Silverleafe Capital Partners LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $1,829,000. Finally, Boltwood Capital Management lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.7% in the fourth quarter. Boltwood Capital Management now owns 97,629 shares of the company’s stock worth $11,281,000 after acquiring an additional 5,304 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1 %

Shares of NASDAQ:IEI traded down $0.11 during trading hours on Monday, reaching $114.57. The stock had a trading volume of 2,212,181 shares, compared to its average volume of 1,826,316. The firm’s 50 day moving average is $115.99 and its 200-day moving average is $117.27. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3303 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a yield of 3.46%.

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).