Raymond James Financial Inc. Buys New Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Raymond James Financial Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, Holdings Channel.com reports. The firm bought 1,431,550 shares of the company’s stock, valued at approximately $165,416,000.

Other institutional investors also recently bought and sold shares of the company. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock valued at $29,000 after purchasing an additional 105 shares during the last quarter. PSI Advisors LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th 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. WealthShield Partners LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 33.7% during the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after purchasing an additional 100 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock valued at $48,000 after purchasing an additional 404 shares during the last quarter.

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

IEI opened at $117.15 on Friday. The business has a 50 day simple moving average of $115.96 and a two-hundred day simple moving average of $117.05. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.3038 per share. The ex-dividend date was Monday, March 3rd.

iShares 3-7 Year Treasury Bond ETF 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).