Allspring Global Investments Holdings LLC Boosts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 73.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 370,001 shares of the company’s stock after purchasing an additional 156,937 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.25% of iShares 3-7 Year Treasury Bond ETF worth $44,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEI. JPMorgan Chase & Co. raised its stake 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 valued at $1,973,531,000 after acquiring an additional 4,523,903 shares during the period. Captrust Financial Advisors boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% during the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after purchasing an additional 1,992,633 shares during the period. Clarity Financial LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 126.8% in the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock valued at $157,321,000 after purchasing an additional 735,931 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $88,319,000 after purchasing an additional 505,360 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 399.4% in the second quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock valued at $70,839,000 after purchasing an additional 475,718 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $118.14 on Thursday. The stock’s fifty day moving average is $119.26 and its two-hundred day moving average is $119.49. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.62 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.3615 dividend. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.7%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.