Franklin Resources Inc. Increases Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Franklin Resources Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 16.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 278,640 shares of the company’s stock after purchasing an additional 39,825 shares during the period. Franklin Resources Inc. owned approximately 0.21% of iShares 3-7 Year Treasury Bond ETF worth $32,197,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fortitude Family Office LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 72.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after acquiring an additional 105 shares during the period. PSI Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after purchasing an additional 145 shares in the last quarter. WealthShield Partners LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 33.7% in the fourth quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after purchasing an additional 100 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 2,693.3% in the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock valued at $48,000 after purchasing an additional 404 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ IEI opened at $119.10 on Friday. The business’s 50 day moving average is $116.94 and its two-hundred day moving average is $116.83. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.16 and a 12-month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.3417 per share. This represents a $4.10 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Tuesday, April 1st. This is a positive change 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).