Focus Partners Advisor Solutions LLC Acquires 3,889 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Focus Partners Advisor Solutions LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,239 shares of the company’s stock after acquiring an additional 3,889 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,698,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEI. Raymond James Financial Inc. bought a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $165,416,000. Bank of America Corp DE raised its holdings in iShares 3-7 Year Treasury Bond ETF by 17.3% in the fourth quarter. Bank of America Corp DE now owns 6,800,864 shares of the company’s stock worth $785,840,000 after purchasing an additional 1,001,309 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock worth $1,209,267,000 after purchasing an additional 842,335 shares in the last quarter. National Bank of Canada FI raised its holdings in iShares 3-7 Year Treasury Bond ETF by 158.6% in the fourth quarter. National Bank of Canada FI now owns 1,211,531 shares of the company’s stock worth $140,113,000 after purchasing an additional 743,111 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in iShares 3-7 Year Treasury Bond ETF by 22.1% in the fourth quarter. Captrust Financial Advisors now owns 3,232,702 shares of the company’s stock worth $373,539,000 after purchasing an additional 585,061 shares in the last quarter.

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

IEI opened at $117.48 on Wednesday. The stock has a fifty day simple moving average of $117.89 and a two-hundred day simple moving average of $116.74. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.85 and a 12-month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a $0.335 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $4.02 dividend on an annualized basis and a yield of 3.42%.

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).