Bank of America Corp DE Has $341.16 Million Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Bank of America Corp DE cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIGet Rating) by 16.8% during the first quarter, Holdings Channel.com reports. The firm owned 2,795,264 shares of the company’s stock after selling 563,372 shares during the quarter. Bank of America Corp DE’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $341,163,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CFS Investment Advisory Services LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 12,122.4% in the 1st quarter. CFS Investment Advisory Services LLC now owns 4,160,250 shares of the company’s stock valued at $279,000 after purchasing an additional 4,126,212 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 924.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,260,950 shares of the company’s stock valued at $275,948,000 after purchasing an additional 2,040,151 shares during the period. Tanglewood Wealth Management Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at about $116,004,000. Jane Street Group LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 105.0% in the 1st quarter. Jane Street Group LLC now owns 1,821,737 shares of the company’s stock valued at $222,343,000 after purchasing an additional 933,215 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 77.0% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,650,476 shares of the company’s stock valued at $201,441,000 after purchasing an additional 718,092 shares during the period.

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

Shares of IEI stock opened at $116.06 on Tuesday. The firm’s 50-day moving average is $118.88 and its 200-day moving average is $119.85. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $115.92 and a 52-week high of $131.20.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were issued a $0.152 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.57%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Thursday, September 1st.

iShares 3-7 Year Treasury Bond ETF Profile

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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).

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Institutional Ownership by Quarter for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

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