BayBridge Capital Group LLC Boosts Position in iShares 3-7 Year Treasury Bond ETF $IEI

BayBridge Capital Group LLC grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 71.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,834 shares of the company’s stock after acquiring an additional 6,589 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 1.2% of BayBridge Capital Group LLC’s holdings, making the stock its 21st biggest holding. BayBridge Capital Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after purchasing an additional 4,523,903 shares during the period. Captrust Financial Advisors grew its stake in 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 purchasing an additional 1,992,633 shares in the last quarter. Clarity Financial LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 126.8% during the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after purchasing an additional 735,931 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in 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 valued at $88,319,000 after purchasing an additional 505,360 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 399.4% during the 2nd 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 in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

Shares of IEI stock opened at $118.29 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.62 and a twelve month high of $120.78. The stock has a fifty day simple moving average of $119.24 and a two-hundred day simple moving average of $119.48.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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