Janney Montgomery Scott LLC Lowers Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Janney Montgomery Scott LLC lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,844,787 shares of the company’s stock after selling 41,130 shares during the period. Janney Montgomery Scott LLC owned 1.16% of iShares 3-7 Year Treasury Bond ETF worth $218,792,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IEI. JPMorgan Chase & Co. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after acquiring an additional 1,180,896 shares during the period. Captrust Financial Advisors boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after purchasing an additional 281,282 shares during the period. Financial Engines Advisors L.L.C. grew its stake in iShares 3-7 Year Treasury Bond ETF by 0.8% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock worth $511,762,000 after purchasing an additional 33,946 shares in the last quarter. Assetmark Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 6.6% in the fourth quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock worth $364,260,000 after purchasing an additional 190,019 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 11.8% in the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.81 on Friday. The stock’s fifty day moving average is $117.58 and its two-hundred day moving average is $118.64. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.51 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

iShares 3-7 Year Treasury Bond ETF 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.