Silicon Valley Capital Partners Has $41.97 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Silicon Valley Capital Partners increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.2% during the second quarter, Holdings Channel reports. The fund owned 357,310 shares of the company’s stock after acquiring an additional 41,726 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises about 3.8% of Silicon Valley Capital Partners’ holdings, making the stock its 10th biggest holding. Silicon Valley Capital Partners’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $41,966,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in 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 purchasing an additional 1,180,896 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the last quarter. Captrust Financial Advisors raised its position 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. Assetmark Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.8% in the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after purchasing an additional 300,397 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 2,454,299 shares of the company’s stock worth $292,921,000 after buying an additional 250,345 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock traded up $0.22 during midday trading on Monday, hitting $114.46. 2,151,912 shares of the company were exchanged, compared to its average volume of 1,679,135. The firm’s 50 day moving average price is $116.12 and its two-hundred day moving average price is $117.28. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $114.21 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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