Global Trust Asset Management LLC Boosts Position in iShares 3-7 Year Treasury Bond ETF $IEI

Global Trust Asset Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,832 shares of the company’s stock after purchasing an additional 10,860 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 4.4% of Global Trust Asset Management LLC’s portfolio, making the stock its 2nd biggest position. Global Trust Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,484,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IEI. Captrust Financial Advisors raised its position in shares of 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 acquiring an additional 1,992,633 shares during the period. JPMorgan Chase & Co. grew its stake in iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after acquiring an additional 1,180,896 shares during the period. Dynasty Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock worth $139,699,000 after acquiring an additional 577,371 shares in the last quarter. OpenArc Corporate Advisory LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth about $67,139,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% during the third 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 period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.3%

Shares of IEI opened at $117.45 on Wednesday. The stock has a 50 day simple moving average of $117.53 and a 200 day simple moving average of $118.61. 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 business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3694 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Monday, June 1st.

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.