Banco Santander S.A. Acquires 46,500 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Banco Santander S.A. grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 20.6% in the fourth quarter, Holdings Channel reports. The firm owned 271,993 shares of the company’s stock after buying an additional 46,500 shares during the quarter. Banco Santander S.A.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $32,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. increased its holdings 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 worth $2,111,829,000 after purchasing an additional 1,180,896 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the third 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 period. Financial Engines Advisors L.L.C. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock worth $511,762,000 after acquiring an additional 33,946 shares during the period. Assetmark Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.6% in the fourth quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock worth $364,260,000 after acquiring an additional 190,019 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after acquiring an additional 290,112 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

Shares of IEI opened at $117.21 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78. The business has a fifty day moving average of $117.81 and a 200 day moving average of $118.83.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3694 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.