AlphaQuest LLC Buys 349,637 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

AlphaQuest LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 644.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 403,902 shares of the company’s stock after purchasing an additional 349,637 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 2.7% of AlphaQuest LLC’s portfolio, making the stock its 2nd largest position. AlphaQuest LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $48,206,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IEI. JPMorgan Chase & Co. lifted its holdings in shares of 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 acquiring an additional 4,523,903 shares during the last quarter. Captrust Financial Advisors lifted its holdings 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 worth $674,433,000 after acquiring an additional 1,992,633 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock worth $88,319,000 after acquiring an additional 505,360 shares during the last quarter. Tanglewood Wealth Management Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 41.5% in the 4th quarter. Tanglewood Wealth Management Inc. now owns 1,480,366 shares of the company’s stock worth $176,682,000 after acquiring an additional 434,416 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 288.1% in the 4th quarter. M&T Bank Corp now owns 429,632 shares of the company’s stock worth $51,277,000 after acquiring an additional 318,923 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $117.14 on Tuesday. The firm’s 50 day moving average price is $118.16 and its 200-day moving average price is $119.06. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3597 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, May 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.