Concurrent Investment Advisors LLC Has $18.39 Million Stake in 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, Holdings Channel.com reports. The institutional investor owned 156,603 shares of the company’s stock after purchasing an additional 57,797 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $18,393,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HUB Investment Partners LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 25.7% during the second quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock valued at $295,000 after purchasing an additional 506 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $5,313,000. Camarda Financial Advisors LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 15.4% in the 2nd quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock valued at $934,000 after purchasing an additional 1,049 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after purchasing an additional 290,112 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock valued at $11,362,000 after purchasing an additional 90,367 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.0%

iShares 3-7 Year Treasury Bond ETF stock opened at $115.66 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $115.50 and a 12-month high of $120.78. The business’s 50-day moving average price is $116.58 and its two-hundred day moving average price is $117.67.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.