Confluence Investment Management LLC Has $29.70 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Confluence Investment Management LLC grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 428.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,390 shares of the company’s stock after purchasing an additional 202,177 shares during the period. Confluence Investment Management LLC owned about 0.18% of iShares 3-7 Year Treasury Bond ETF worth $29,700,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its position in iShares 3-7 Year Treasury Bond ETF by 54.1% in the 1st quarter. Bank of New York Mellon Corp now owns 318,560 shares of the company’s stock worth $37,633,000 after purchasing an additional 111,822 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 19.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,410 shares of the company’s stock worth $403,000 after purchasing an additional 548 shares during the last quarter. Ritholtz Wealth Management increased its position in iShares 3-7 Year Treasury Bond ETF by 9.7% in the 1st quarter. Ritholtz Wealth Management now owns 45,092 shares of the company’s stock worth $5,327,000 after purchasing an additional 4,003 shares during the last quarter. Blueprint Investment Partners LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 152.8% in the 1st quarter. Blueprint Investment Partners LLC now owns 61,447 shares of the company’s stock worth $7,259,000 after purchasing an additional 37,142 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares 3-7 Year Treasury Bond ETF by 15.8% in the 1st quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock worth $1,431,677,000 after purchasing an additional 1,652,996 shares during the last quarter.

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

Shares of IEI stock opened at $119.84 on Friday. The stock’s 50-day moving average is $118.84 and its two-hundred day moving average is $118.19. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.3485 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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).