Cadence Bank Purchases New Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Cadence Bank acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 6,075 shares of the company’s stock, valued at approximately $727,000.

Several other institutional investors have also added to or reduced their stakes in IEI. LPL Financial LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 23.0% during the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock valued at $213,546,000 after purchasing an additional 334,081 shares in the last quarter. Clarity Financial LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 100.2% during the 3rd quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock valued at $64,571,000 after buying an additional 270,178 shares in the last quarter. OneDigital Investment Advisors LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 769.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 250,152 shares of the company’s stock valued at $29,919,000 after buying an additional 221,381 shares in the last quarter. Toronto Dominion Bank purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $23,094,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 68.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 422,238 shares of the company’s stock worth $48,756,000 after acquiring an additional 171,147 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI opened at $116.86 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The firm has a 50-day moving average of $117.53 and a 200 day moving average of $117.07.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.3203 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.84 annualized dividend and a dividend yield of 3.29%. 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).