Canal Capital Management LLC Raises Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

by · The Markets Daily

Canal Capital Management LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 4.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 145,178 shares of the company’s stock after purchasing an additional 6,638 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.3% of Canal Capital Management LLC’s holdings, making the stock its 7th biggest position. Canal Capital Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $17,218,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEI. JPMorgan Chase & Co. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after purchasing an additional 1,180,896 shares during the period. Captrust Financial Advisors boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock worth $707,101,000 after buying an additional 281,282 shares during the period. Financial Engines Advisors L.L.C. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock worth $511,762,000 after buying an additional 33,946 shares during the period. Assetmark Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 6.6% in the 4th quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock worth $364,260,000 after buying an additional 190,019 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after buying an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.11 on Friday. The stock’s 50 day moving average price is $117.43 and its 200 day moving average price is $118.57. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.51 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.3625 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

iShares 3-7 Year Treasury Bond ETF Profile

(Free Report)

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.

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