West Paces Advisors Inc. Increases Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

West Paces Advisors Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 86.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,949 shares of the company’s stock after acquiring an additional 4,160 shares during the quarter. West Paces Advisors Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,048,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IEI. JPMorgan Chase & Co. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 73.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,107,995 shares of the company’s stock valued at $1,935,941,000 after acquiring an additional 7,218,653 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 4,235,037 shares of the company’s stock worth $479,237,000 after buying an additional 114,854 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,039,605 shares of the company’s stock worth $457,122,000 after buying an additional 66,867 shares in the last quarter. Morgan Stanley grew its stake in iShares 3-7 Year Treasury Bond ETF by 21.2% in the 3rd quarter. Morgan Stanley now owns 3,632,667 shares of the company’s stock valued at $411,073,000 after acquiring an additional 636,492 shares during the last quarter. Finally, Charles Schwab Investment Advisory Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 33.0% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 3,219,377 shares of the company’s stock valued at $364,305,000 after acquiring an additional 799,429 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI traded down $0.26 during midday trading on Tuesday, reaching $113.43. 1,578,997 shares of the company’s stock were exchanged, compared to its average volume of 1,889,308. The business’s 50-day moving average price is $115.38 and its 200 day moving average price is $115.06. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $111.45 and a 1-year high of $119.57.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.3056 per share. This represents a $3.67 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Monday, April 1st.

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).