Synovus Financial Corp Raises Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Synovus Financial Corp boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 32.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 28,082 shares of the company’s stock after acquiring an additional 6,940 shares during the period. Synovus Financial Corp’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,356,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IEI. JPMorgan Chase & Co. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 37.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after buying an additional 4,523,903 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 9.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,676,586 shares of the company’s stock worth $439,389,000 after purchasing an additional 311,613 shares during the last quarter. Captrust Financial Advisors grew its position in iShares 3-7 Year Treasury Bond ETF by 4.1% in the second quarter. Captrust Financial Advisors now owns 3,650,688 shares of the company’s stock worth $434,760,000 after acquiring an additional 142,100 shares during the period. Assetmark Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 12.4% in the third quarter. Assetmark Inc. now owns 2,862,009 shares of the company’s stock valued at $342,039,000 after buying an additional 315,648 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares during the period.

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

Shares of NASDAQ IEI opened at $120.02 on Friday. The stock has a fifty day simple moving average of $119.41 and a 200-day simple moving average of $119.52. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.10 and a twelve month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced 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. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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). 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.