Retirement Capital Strategies Boosts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Retirement Capital Strategies grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 49.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,404 shares of the company’s stock after buying an additional 11,687 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 1.6% of Retirement Capital Strategies’ holdings, making the stock its 18th biggest position. Retirement Capital Strategies’ holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEI. JPMorgan Chase & Co. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after buying an additional 4,523,903 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the third quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after buying an additional 1,992,633 shares during the last quarter. Dynasty Wealth Management LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock worth $139,699,000 after buying an additional 577,371 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $67,139,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock worth $88,319,000 after buying an additional 505,360 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $117.21 on Monday. The company has a fifty day simple moving average of $117.81 and a two-hundred day simple moving average of $118.82. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.51 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3694 dividend. The ex-dividend date was Monday, June 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.