Weaver Capital Management LLC Takes Position in iShares 3-7 Year Treasury Bond ETF $IEI

Weaver Capital Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 231,359 shares of the company’s stock, valued at approximately $27,439,000. iShares 3-7 Year Treasury Bond ETF comprises approximately 6.0% of Weaver Capital Management LLC’s portfolio, making the stock its largest position.

Several other large investors have also recently made changes to their positions in IEI. Captrust Financial Advisors raised its stake in iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after purchasing an additional 1,992,633 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 7.2% in the 4th quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after purchasing an additional 1,180,896 shares in the last quarter. Dynasty Wealth Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 97.3% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock worth $139,699,000 after purchasing an additional 577,371 shares during the last quarter. OpenArc Corporate Advisory LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $67,139,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 216.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock worth $88,319,000 after purchasing an additional 505,360 shares during the last quarter.

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

iShares 3-7 Year Treasury Bond ETF stock opened at $117.07 on Wednesday. The company has a fifty day simple moving average of $117.64 and a 200-day simple moving average of $118.67. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.51 and a 52-week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3694 per share. The ex-dividend date was Monday, June 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.