JPMorgan Chase & Co. Boosts Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

JPMorgan Chase & Co. lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,465,313 shares of the company’s stock after purchasing an additional 842,335 shares during the period. JPMorgan Chase & Co. owned approximately 0.08% of iShares 3-7 Year Treasury Bond ETF worth $1,209,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in IEI. Captrust Financial Advisors lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after purchasing an additional 2,632,906 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 10.1% in the fourth quarter. Assetmark Inc. now owns 2,147,385 shares of the company’s stock worth $248,130,000 after buying an additional 197,809 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in iShares 3-7 Year Treasury Bond ETF by 9.7% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,921,326 shares of the company’s stock valued at $244,999,000 after acquiring an additional 169,873 shares in the last quarter. Tanglewood Wealth Management Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 32.8% during the fourth quarter. Tanglewood Wealth Management Inc. now owns 1,454,378 shares of the company’s stock valued at $168,053,000 after acquiring an additional 359,189 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $165,416,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $117.40 on Friday. The firm has a fifty day moving average price of $116.61 and a two-hundred day moving average price of $116.90. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.3038 per share. The ex-dividend date was Monday, March 3rd.

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).