MidAtlantic Capital Management Inc. Purchases New Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

MidAtlantic Capital Management Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 441 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Patriot Investment Management Group Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after purchasing an additional 85 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% during the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after purchasing an additional 88 shares during the last quarter. TAP Consulting LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 0.8% during the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock valued at $1,359,000 after acquiring an additional 91 shares in the last quarter. Bank Hapoalim BM raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the second quarter. Bank Hapoalim BM now owns 20,015 shares of the company’s stock worth $2,311,000 after acquiring an additional 96 shares during the period. Finally, Robinson Value Management Ltd. boosted its position in iShares 3-7 Year Treasury Bond ETF by 0.5% during the third 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 in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $116.03 on Tuesday. The business has a 50 day simple moving average of $118.07 and a two-hundred day simple moving average of $116.98. 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 monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3203 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.84 annualized dividend and a yield of 3.31%.

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).