iShares 3-7 Year Treasury Bond ETF $IEI Shares Acquired by Summa Corp.

Summa Corp. increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 22.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,793 shares of the company’s stock after purchasing an additional 1,423 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for about 0.5% of Summa Corp.’s investment portfolio, making the stock its 22nd biggest holding. Summa Corp.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $928,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in iShares 3-7 Year Treasury Bond ETF by 54.1% in the first quarter. Bank of New York Mellon Corp now owns 318,560 shares of the company’s stock valued at $37,633,000 after acquiring an additional 111,822 shares during the period. Sequoia Financial Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 19.1% in the first quarter. Sequoia Financial Advisors LLC now owns 3,410 shares of the company’s stock valued at $403,000 after acquiring an additional 548 shares during the period. Ritholtz Wealth Management boosted its stake in iShares 3-7 Year Treasury Bond ETF by 9.7% in the first quarter. Ritholtz Wealth Management now owns 45,092 shares of the company’s stock valued at $5,327,000 after acquiring an additional 4,003 shares during the period. Blueprint Investment Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 152.8% in the first quarter. Blueprint Investment Partners LLC now owns 61,447 shares of the company’s stock valued at $7,259,000 after acquiring an additional 37,142 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock valued at $1,431,677,000 after acquiring an additional 1,652,996 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $119.78 on Friday. The business has a 50 day moving average of $119.39 and a two-hundred day moving average of $118.49. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $114.51 and a 52 week high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3462 dividend. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Wednesday, October 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).