Allianz Asset Management GmbH Increases Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Allianz Asset Management GmbH raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 29.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,300 shares of the company’s stock after purchasing an additional 46,100 shares during the period. Allianz Asset Management GmbH owned 0.15% of iShares 3-7 Year Treasury Bond ETF worth $23,854,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock valued at $1,431,677,000 after purchasing an additional 1,652,996 shares in the last quarter. Wit LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 273,238.0% in the first quarter. Wit LLC now owns 4,802,548 shares of the company’s stock valued at $567,373,000 after buying an additional 4,800,791 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.7% in the first quarter. Envestnet Asset Management Inc. now owns 3,747,747 shares of the company’s stock valued at $442,740,000 after buying an additional 62,496 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 12.0% in the first quarter. Ameriprise Financial Inc. now owns 2,451,577 shares of the company’s stock valued at $289,606,000 after buying an additional 262,017 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.5% in the first quarter. Cerity Partners LLC now owns 2,329,857 shares of the company’s stock valued at $275,238,000 after buying an additional 120,856 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI opened at $120.18 on Monday. The firm has a 50 day simple moving average of $119.50 and a 200-day simple moving average of $118.56. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $114.51 and a 1-year high of $120.37.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3462 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, October 1st.

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).