JPMorgan Chase & Co. Buys 1,180,896 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

JPMorgan Chase & Co. increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,694,417 shares of the company’s stock after acquiring an additional 1,180,896 shares during the period. JPMorgan Chase & Co. owned about 0.12% of iShares 3-7 Year Treasury Bond ETF worth $2,111,829,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. HUB Investment Partners LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 25.7% during the 2nd 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 during the last quarter. Darwin Wealth Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at approximately $5,313,000. Camarda Financial Advisors LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 15.4% during 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 during the last quarter. Ameriprise Financial Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 11.8% during 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 raised its position in iShares 3-7 Year Treasury Bond ETF by 1,793.7% during 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 Stock Down 0.0%

IEI opened at $116.71 on Tuesday. The business has a 50 day simple moving average of $117.91 and a two-hundred day simple moving average of $118.90. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3694 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change 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.