Janney Montgomery Scott LLC Raises Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Janney Montgomery Scott LLC increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,885,917 shares of the company’s stock after acquiring an additional 99,191 shares during the period. Janney Montgomery Scott LLC owned approximately 1.27% of iShares 3-7 Year Treasury Bond ETF worth $225,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Country Trust Bank purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $25,000. Kingdom Financial Group LLC. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $26,000. Key Capital Management INC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $28,000. Asset Dedication LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth $28,000. Finally, Ancora Advisors LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.85 on Thursday. The business has a fifty day moving average of $117.85 and a 200 day moving average of $118.86. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.51 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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). 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.