TRU Independence Asset Management 2 LLC Increases Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

TRU Independence Asset Management 2 LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,274 shares of the company’s stock after purchasing an additional 349 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 2.0% of TRU Independence Asset Management 2 LLC’s investment portfolio, making the stock its 16th biggest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,343,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock valued at $1,150,956,000 after buying an additional 226,138 shares during the last quarter. Captrust Financial Advisors raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% in the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock valued at $316,671,000 after purchasing an additional 2,632,906 shares during the last quarter. Cerity Partners LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 7.5% in the 3rd quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock worth $243,511,000 after purchasing an additional 142,904 shares in the last quarter. LPL Financial LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 23.0% during the 3rd quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock worth $213,546,000 after purchasing an additional 334,081 shares during the last quarter. Finally, Clarity Financial LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 100.2% during the 3rd quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock valued at $64,571,000 after purchasing an additional 270,178 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI opened at $116.11 on Tuesday. The stock’s fifty day moving average price is $115.86 and its 200 day moving average price is $117.26. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3303 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a yield of 3.41%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).