Fairvoy Private Wealth LLC Purchases Shares of 3,329 iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fairvoy Private Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 3,329 shares of the company’s stock, valued at approximately $393,000.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $1,209,267,000 after buying an additional 842,335 shares in the last quarter. Bank of America Corp DE raised its stake in iShares 3-7 Year Treasury Bond ETF by 17.3% during the 4th quarter. Bank of America Corp DE now owns 6,800,864 shares of the company’s stock valued at $785,840,000 after purchasing an additional 1,001,309 shares during the period. Captrust Financial Advisors raised its stake in iShares 3-7 Year Treasury Bond ETF by 22.1% during the 4th quarter. Captrust Financial Advisors now owns 3,232,702 shares of the company’s stock valued at $373,539,000 after purchasing an additional 585,061 shares during the period. Cerity Partners LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 8.5% during the 4th quarter. Cerity Partners LLC now owns 2,209,001 shares of the company’s stock valued at $255,250,000 after purchasing an additional 173,041 shares during the period. Finally, Assetmark Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 10.1% during the 4th quarter. Assetmark Inc. now owns 2,147,385 shares of the company’s stock valued at $248,130,000 after purchasing an additional 197,809 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $117.76 on Friday. The company’s fifty day moving average is $117.81 and its two-hundred day moving average is $116.92. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.3629 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.30. The ex-dividend date was Monday, June 2nd.

About iShares 3-7 Year Treasury Bond ETF

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).