Bank of America Corp DE Boosts Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 17.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,800,864 shares of the company’s stock after buying an additional 1,001,309 shares during the period. Bank of America Corp DE owned 5.14% of iShares 3-7 Year Treasury Bond ETF worth $785,840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IEI. Franklin Resources Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 4.0% during the third quarter. Franklin Resources Inc. now owns 238,815 shares of the company’s stock worth $28,104,000 after acquiring an additional 9,105 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock valued at $1,150,956,000 after purchasing an additional 226,138 shares in the last quarter. Boltwood Capital Management raised its holdings in iShares 3-7 Year Treasury Bond ETF by 5.7% in the fourth quarter. Boltwood Capital Management now owns 97,629 shares of the company’s stock valued at $11,281,000 after acquiring an additional 5,304 shares in the last quarter. Silverleafe Capital Partners LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $1,829,000. Finally, Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $27,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $117.98 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.85 and a fifty-two week high of $120.33. The business has a 50 day moving average price of $117.87 and a 200 day moving average price of $116.69.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 6th. Investors of record on Thursday, May 1st will be given a $0.335 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $4.02 dividend on an annualized basis and a yield of 3.41%.

iShares 3-7 Year Treasury Bond ETF Company 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).