Global Trust Asset Management LLC Has $11.48 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Global Trust Asset Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 about 4.4% of Global Trust Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Global Trust Asset Management LLC owned 0.06% of iShares 3-7 Year Treasury Bond ETF worth $11,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IEI. Captrust Financial Advisors boosted its stake 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 buying an additional 1,992,633 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the 4th quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after buying an additional 1,180,896 shares in the last quarter. Dynasty Wealth Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after buying an additional 577,371 shares in the last quarter. OpenArc Corporate Advisory LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $67,139,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% during 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 period.

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

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $117.45 on Wednesday. The firm’s 50-day simple moving average is $117.53 and its 200-day simple moving average is $118.61. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3694 dividend. This represents a c) annualized dividend and a 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 of this dividend 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.