JPMorgan Chase & Co. Raises Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

JPMorgan Chase & Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,513,521 shares of the company’s stock after purchasing an additional 4,523,903 shares during the period. JPMorgan Chase & Co. owned 11.55% of iShares 3-7 Year Treasury Bond ETF worth $1,973,531,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Avion Wealth lifted its stake in shares of 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 worth $25,000 after purchasing an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $25,000. Delos Wealth Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Sound Income Strategies LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $36,000. Finally, Hanson & Doremus Investment Management boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 121.2% in the 3rd quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock worth $44,000 after acquiring an additional 200 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3%

Shares of NASDAQ:IEI opened at $120.14 on Tuesday. The company has a 50 day moving average of $119.36 and a two-hundred day moving average of $119.50. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $115.72 and a 52-week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.367 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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). 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.