Concurrent Investment Advisors LLC Purchases 57,797 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Concurrent Investment Advisors LLC grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 58.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 156,603 shares of the company’s stock after buying an additional 57,797 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.10% of iShares 3-7 Year Treasury Bond ETF worth $18,393,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after buying an additional 2,627,948 shares during the period. Greenleaf Trust acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at approximately $52,932,000. JPMorgan Chase & Co. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after buying an additional 1,180,896 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after buying an additional 577,371 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $67,139,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $115.66 on Friday. The firm has a 50-day moving average of $116.58 and a 200-day moving average of $117.67. iShares 3-7 Year Treasury Bond ETF has a one year low of $115.50 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.3713 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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). 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.