Concurrent Investment Advisors LLC Has $5.88 Million Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Concurrent Investment Advisors LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 342.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,408 shares of the company’s stock after purchasing an additional 38,231 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,884,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Beacon Capital Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Iams Wealth Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 2nd quarter. Iams Wealth Management LLC now owns 5,025 shares of the company’s stock valued at $598,000 after purchasing an additional 117 shares during the last quarter. Insigneo Advisory Services LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 6.0% in the 1st quarter. Insigneo Advisory Services LLC now owns 2,093 shares of the company’s stock valued at $247,000 after purchasing an additional 118 shares during the last quarter. Verger Capital Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.9% in the 2nd quarter. Verger Capital Management LLC now owns 15,062 shares of the company’s stock valued at $1,794,000 after purchasing an additional 132 shares during the last quarter. Finally, PrairieView Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 3.9% during the first quarter. PrairieView Partners LLC now owns 3,609 shares of the company’s stock worth $426,000 after acquiring an additional 137 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI opened at $119.78 on Monday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.29. The company’s fifty day simple moving average is $119.39 and its 200 day simple moving average is $118.50.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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).