Financial Architects Inc Has $299,000 Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Financial Architects Inc trimmed its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,595 shares of the company’s stock after selling 1,552 shares during the period. Financial Architects Inc’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $299,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cantor Fitzgerald Investment Advisor L.P boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 19.0% in the first quarter. Cantor Fitzgerald Investment Advisor L.P now owns 402,446 shares of the company’s stock valued at $49,118,000 after acquiring an additional 64,171 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 73.8% in the 1st quarter. Bank of New York Mellon Corp now owns 116,934 shares of the company’s stock valued at $14,272,000 after purchasing an additional 49,670 shares during the last quarter. BlackRock Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 22.4% during the 1st quarter. BlackRock Inc. now owns 1,054,669 shares of the company’s stock worth $128,723,000 after buying an additional 192,872 shares during the period. Mariner LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $1,537,000. Finally, Charles Schwab Investment Advisory Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 61,581 shares of the company’s stock valued at $7,516,000 after buying an additional 5,414 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.5 %

IEI opened at $113.66 on Thursday. The company has a fifty day moving average price of $112.99 and a two-hundred day moving average price of $114.68. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.57.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were issued a $0.275 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend was Wednesday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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).