Centerline Wealth Advisors LLC Increases Position in iShares 3-7 Year Treasury Bond ETF $IEI

Centerline Wealth Advisors LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,062 shares of the company’s stock after acquiring an additional 5,847 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.1% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Centerline Wealth Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,584,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the last quarter. Greenleaf Trust acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth about $52,932,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after purchasing an additional 1,180,896 shares during the period. Dynasty Wealth Management LLC boosted its position in 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 valued at $139,699,000 after buying an additional 577,371 shares during the last quarter. Finally, OpenArc Corporate Advisory LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $67,139,000.

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

Shares of NASDAQ:IEI opened at $115.57 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $115.50 and a twelve month high of $120.78. The company’s 50 day moving average is $116.50 and its 200 day moving average is $117.59.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.3713 dividend. The ex-dividend date was Tuesday, September 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 3.9%.

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.