Kovack Advisors Inc. Invests $261,000 in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Kovack Advisors Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,260 shares of the company’s stock, valued at approximately $261,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JFS Wealth Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $75,000. US Bancorp DE raised its stake in iShares 3-7 Year Treasury Bond ETF by 12.2% in the 3rd quarter. US Bancorp DE now owns 220,670 shares of the company’s stock valued at $26,393,000 after purchasing an additional 23,940 shares during the last quarter. Stephens Inc. AR lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Stephens Inc. AR now owns 20,105 shares of the company’s stock valued at $2,405,000 after purchasing an additional 115 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in iShares 3-7 Year Treasury Bond ETF by 15.6% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,033 shares of the company’s stock worth $243,000 after purchasing an additional 275 shares during the last quarter. Finally, James Investment Research Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.2% during the third quarter. James Investment Research Inc. now owns 59,778 shares of the company’s stock worth $7,150,000 after buying an additional 703 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4 %

Shares of NASDAQ IEI opened at $117.79 on Friday. The firm has a 50-day simple moving average of $115.77 and a 200-day simple moving average of $117.09. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3292 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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).