iShares 3-7 Year Treasury Bond ETF $IEI Shares Purchased by Allianz Asset Management GmbH

Allianz Asset Management GmbH raised its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 29.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 200,300 shares of the company’s stock after purchasing an additional 46,100 shares during the quarter. Allianz Asset Management GmbH’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $23,854,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in iShares 3-7 Year Treasury Bond ETF by 15.8% during the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock worth $1,431,677,000 after purchasing an additional 1,652,996 shares during the last quarter. Wit LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 273,238.0% during the first quarter. Wit LLC now owns 4,802,548 shares of the company’s stock worth $567,373,000 after purchasing an additional 4,800,791 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 1.7% during the first quarter. Envestnet Asset Management Inc. now owns 3,747,747 shares of the company’s stock worth $442,740,000 after purchasing an additional 62,496 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 12.0% during the first quarter. Ameriprise Financial Inc. now owns 2,451,577 shares of the company’s stock worth $289,606,000 after purchasing an additional 262,017 shares during the last quarter. Finally, Cerity Partners LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 5.5% during the first quarter. Cerity Partners LLC now owns 2,329,857 shares of the company’s stock worth $275,238,000 after purchasing an additional 120,856 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

Shares of IEI stock opened at $120.18 on Monday. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.51 and a one year high of $120.37. The company has a 50 day moving average price of $119.50 and a 200 day moving average price of $118.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3462 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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).