JPMorgan Chase & Co. Sells 128,691 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

JPMorgan Chase & Co. lessened its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,989,618 shares of the company’s stock after selling 128,691 shares during the quarter. JPMorgan Chase & Co. owned about 8.99% of iShares 3-7 Year Treasury Bond ETF worth $1,427,844,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IEI. Beacon Capital Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Avion Wealth raised its stake in iShares 3-7 Year Treasury Bond ETF by 111.8% during the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $25,000. LRI Investments LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $120.08 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.42. The firm’s 50-day moving average price is $119.71 and its 200-day moving average price is $118.84.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.3662 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date was Monday, November 3rd.

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).