JPMorgan Chase & Co. Boosts Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

JPMorgan Chase & Co. lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,694,417 shares of the company’s stock after purchasing an additional 1,180,896 shares during the quarter. JPMorgan Chase & Co. owned 11.90% of iShares 3-7 Year Treasury Bond ETF worth $2,111,829,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEI. Captrust Financial Advisors boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after purchasing an additional 1,992,633 shares in the last quarter. Dynasty Wealth Management LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after acquiring an additional 577,371 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock valued at $88,319,000 after acquiring an additional 505,360 shares during the last quarter. Tanglewood Wealth Management Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 41.5% in the 4th quarter. Tanglewood Wealth Management Inc. now owns 1,480,366 shares of the company’s stock valued at $176,682,000 after acquiring an additional 434,416 shares during the last quarter. Finally, AlphaQuest LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 644.3% in the 4th quarter. AlphaQuest LLC now owns 403,902 shares of the company’s stock valued at $48,206,000 after acquiring an additional 349,637 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $116.71 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.51 and a 1-year high of $120.78. The stock has a 50-day moving average of $117.91 and a 200-day moving average of $118.90.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3694 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.