Integrated Wealth Concepts LLC Boosts Position in iShares 3-7 Year Treasury Bond ETF $IEI

Integrated Wealth Concepts LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 276.9% in the second quarter, Holdings Channel reports. The institutional investor owned 93,839 shares of the company’s stock after buying an additional 68,943 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEI. Cardinal Strategic Wealth Guidance purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth about $25,000. Howe & Rusling Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 111.0% during the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 111 shares in the last quarter. Kingdom Financial Group LLC. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Ankerstar Wealth LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Finally, Ancora Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $114.75 on Friday. The firm has a fifty day moving average price of $116.42 and a two-hundred day moving average price of $117.53. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.71 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.3713 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Tuesday, September 1st.

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.