iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 47,213 shares of the company’s stock after buying an additional 898 shares during the period. Confluence Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,578,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock worth $1,150,956,000 after buying an additional 226,138 shares during the period. Synergy Asset Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $378,000. Strategic Point Investment Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 47.3% during the 4th quarter. Strategic Point Investment Advisors LLC now owns 584,445 shares of the company’s stock worth $67,533,000 after acquiring an additional 187,607 shares during the period. Fifth Third Securities Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 41.6% during the 4th quarter. Fifth Third Securities Inc. now owns 42,307 shares of the company’s stock valued at $4,889,000 after purchasing an additional 12,431 shares during the last quarter. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $512,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $117.87 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.85 and a 52-week high of $120.33. The business has a 50-day moving average price of $117.91 and a 200-day moving average price of $116.80.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.335 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $4.02 annualized dividend and a yield of 3.41%.

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).