Sowell Financial Services LLC Buys 1,140 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sowell Financial Services LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,137 shares of the company’s stock after purchasing an additional 1,140 shares during the period. Sowell Financial Services LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,678,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $165,416,000. Bank of America Corp DE increased its holdings in iShares 3-7 Year Treasury Bond ETF by 17.3% during the fourth quarter. Bank of America Corp DE now owns 6,800,864 shares of the company’s stock valued at $785,840,000 after buying an additional 1,001,309 shares during the period. JPMorgan Chase & Co. raised its stake in iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock worth $1,209,267,000 after buying an additional 842,335 shares in the last quarter. National Bank of Canada FI raised its stake in iShares 3-7 Year Treasury Bond ETF by 158.6% in the fourth quarter. National Bank of Canada FI now owns 1,211,531 shares of the company’s stock worth $140,113,000 after buying an additional 743,111 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 22.1% during the fourth quarter. Captrust Financial Advisors now owns 3,232,702 shares of the company’s stock worth $373,539,000 after buying an additional 585,061 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ:IEI opened at $117.61 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.33. The business’s fifty day simple moving average is $117.80 and its 200-day simple moving average is $116.92.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.3629 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.30.

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).