Summit Wealth Partners LLC Has $895,000 Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Summit Wealth Partners LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,744 shares of the company’s stock after purchasing an additional 2,093 shares during the quarter. Summit Wealth Partners LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $895,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Patriot Investment Management Group Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% during the third quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock worth $224,000 after acquiring an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. grew 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 grew its holdings in shares of 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 worth $1,359,000 after purchasing an additional 91 shares during the last quarter. Robinson Value Management Ltd. grew its holdings in shares of 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 during the last quarter. Finally, RFG Advisory LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.5% during the fourth quarter. RFG Advisory LLC now owns 2,043 shares of the company’s stock worth $236,000 after purchasing an additional 106 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.27 on Thursday. The stock’s fifty day moving average is $115.82 and its 200-day moving average is $117.23. 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 announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.3292 per share. The ex-dividend date is Monday, February 3rd. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).