Wealth Effects LLC Acquires New Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Wealth Effects LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,906 shares of the company’s stock, valued at approximately $458,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in iShares 3-7 Year Treasury Bond ETF by 73.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,107,995 shares of the company’s stock worth $1,935,941,000 after buying an additional 7,218,653 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 924.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,260,950 shares of the company’s stock worth $275,948,000 after buying an additional 2,040,151 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 14,820.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,805,073 shares of the company’s stock worth $215,417,000 after buying an additional 1,792,975 shares during the last quarter. Mariner LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 477.2% during the 4th quarter. Mariner LLC now owns 1,236,816 shares of the company’s stock worth $142,098,000 after buying an additional 1,022,527 shares during the last quarter. Finally, Cerity Partners LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 75.6% during the 4th quarter. Cerity Partners LLC now owns 2,229,435 shares of the company’s stock worth $261,134,000 after buying an additional 960,139 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI traded up $0.38 during trading on Friday, reaching $114.14. 604,890 shares of the company’s stock were exchanged, compared to its average volume of 1,870,316. The company’s fifty day simple moving average is $115.48 and its 200-day simple moving average is $115.02. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $111.45 and a 1 year high of $119.57.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.3056 per share. This represents a $3.67 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Monday, April 1st.

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).