Twele Capital Management Inc. Grows Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Twele Capital Management Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,124 shares of the company’s stock after acquiring an additional 401 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 0.4% of Twele Capital Management Inc.’s investment portfolio, making the stock its 19th biggest position. Twele Capital Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,863,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Patriot Investment Management Group Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% during the third quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock worth $224,000 after buying an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock valued at $1,564,000 after acquiring an additional 88 shares during the last quarter. TAP Consulting LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 0.8% during the 3rd quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after acquiring an additional 91 shares in the last quarter. Robinson Value Management Ltd. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock worth $2,669,000 after purchasing an additional 100 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% in the 2nd quarter. Blair William & Co. IL now owns 7,405 shares of the company’s stock valued at $855,000 after purchasing an additional 108 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.6 %

Shares of IEI stock opened at $115.37 on Thursday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The company’s 50-day simple moving average is $115.91 and its 200-day simple moving average is $117.25.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase 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).