Fortune Financial Advisors LLC Increases Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fortune Financial Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.4% in the fourth quarter, Holdings Channel reports. The firm owned 23,322 shares of the company’s stock after buying an additional 102 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 1.9% of Fortune Financial Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Fortune Financial Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,732,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the company. Strategic Point Investment Advisors LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 2.5% in the third quarter. Strategic Point Investment Advisors LLC now owns 231,899 shares of the company’s stock worth $26,242,000 after buying an additional 5,719 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 12.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 64,293 shares of the company’s stock worth $7,275,000 after buying an additional 7,276 shares in the last quarter. Facet Wealth Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 10.2% in the third quarter. Facet Wealth Inc. now owns 396,848 shares of the company’s stock worth $44,562,000 after buying an additional 36,874 shares in the last quarter. IFP Advisors Inc raised its stake in iShares 3-7 Year Treasury Bond ETF by 4.1% in the fourth quarter. IFP Advisors Inc now owns 17,596 shares of the company’s stock worth $2,061,000 after buying an additional 687 shares in the last quarter. Finally, Retirement Income Solutions Inc increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 20.8% during the third quarter. Retirement Income Solutions Inc now owns 57,906 shares of the company’s stock worth $6,553,000 after purchasing an additional 9,954 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock traded down $0.21 during trading hours on Monday, reaching $114.58. 1,002,327 shares of the company’s stock were exchanged, compared to its average volume of 1,885,830. The stock’s 50 day moving average is $115.71 and its 200-day moving average is $115.01. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $111.45 and a fifty-two week high of $119.57.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3056 per share. This represents a $3.67 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend was Monday, April 1st.

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).