Acropolis Investment Management LLC Has $3.85 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Acropolis Investment Management LLC decreased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 15.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 32,261 shares of the company’s stock after selling 5,995 shares during the quarter. Acropolis Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,850,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after purchasing an additional 4,523,903 shares during the last quarter. Captrust Financial Advisors boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 54.6% during the third quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after purchasing an additional 1,992,633 shares during the last quarter. Financial Engines Advisors L.L.C. grew its position in iShares 3-7 Year Treasury Bond ETF by 5.9% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 4,253,967 shares of the company’s stock worth $508,392,000 after purchasing an additional 236,652 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 9.3% in the 3rd 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 in the last quarter. Finally, Assetmark Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 12.4% in the 3rd 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.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

IEI stock opened at $117.96 on Friday. The business has a 50 day moving average of $119.30 and a 200-day moving average of $119.52. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.62 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3312 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%.

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.