Bank Julius Baer & Co. Ltd Zurich Raises Position in iShares 3-7 Year Treasury Bond ETF $IEI

Bank Julius Baer & Co. Ltd Zurich grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,679,733 shares of the company’s stock after acquiring an additional 162,897 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 0.9% of Bank Julius Baer & Co. Ltd Zurich’s portfolio, making the stock its 28th largest holding. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $319,826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Asempa Wealth Advisors acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $926,000. TD Waterhouse Canada Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 94.4% during the third quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock worth $1,116,000 after buying an additional 4,537 shares during the period. Central Pacific Bank Trust Division acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $1,435,000. Spartan Planning & Wealth Management grew its position in iShares 3-7 Year Treasury Bond ETF by 192.4% during the fourth quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock worth $16,238,000 after buying an additional 89,526 shares during the period. Finally, Cabot Wealth Management Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 7.7% during the third quarter. Cabot Wealth Management Inc. now owns 242,845 shares of the company’s stock worth $29,022,000 after buying an additional 17,425 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $117.58 on Thursday. The firm’s 50-day moving average is $118.53 and its two-hundred day moving average is $119.21. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.89 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.3597 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, May 1st.

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.