AE Wealth Management LLC Grows Position in iShares 3-7 Year Treasury Bond ETF $IEI

AE Wealth Management LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,530 shares of the company’s stock after purchasing an additional 20,353 shares during the period. AE Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $20,858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. TD Waterhouse Canada Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 94.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock worth $1,116,000 after buying an additional 4,537 shares during the period. Coastal Bridge Advisors LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 20.9% during the third quarter. Coastal Bridge Advisors LLC now owns 51,451 shares of the company’s stock worth $6,149,000 after acquiring an additional 8,897 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 3.3% in the third quarter. Truist Financial Corp now owns 1,936,307 shares of the company’s stock worth $231,408,000 after acquiring an additional 62,156 shares during the period. DSG Capital Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 71.7% in the third quarter. DSG Capital Advisors LLC now owns 49,885 shares of the company’s stock valued at $5,962,000 after purchasing an additional 20,835 shares in the last quarter. Finally, J. Safra Sarasin Holding AG raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 72.3% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 5,678 shares of the company’s stock valued at $679,000 after purchasing an additional 2,382 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $119.27 on Friday. The stock’s 50-day simple moving average is $119.47 and its 200 day simple moving average is $119.38. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $115.18 and a 52-week high of $120.43.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.3711 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.