Silicon Valley Capital Partners Has $41.97 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

by · The Markets Daily

Silicon Valley Capital Partners lifted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 13.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 357,310 shares of the company’s stock after acquiring an additional 41,726 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up approximately 3.8% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 10th largest position. Silicon Valley Capital Partners owned approximately 0.24% of iShares 3-7 Year Treasury Bond ETF worth $41,966,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% during the 4th quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after purchasing an additional 1,180,896 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after buying an additional 2,627,948 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after buying an additional 281,282 shares in the last quarter. Assetmark Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after buying an additional 300,397 shares during the last quarter. Finally, LPL Financial LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 2,454,299 shares of the company’s stock worth $292,921,000 after acquiring an additional 250,345 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock traded up $0.22 during trading hours on Monday, reaching $114.46. The stock had a trading volume of 2,151,912 shares, compared to its average volume of 1,679,135. The stock has a 50-day simple moving average of $116.12 and a 200 day simple moving average of $117.28. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.21 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3713 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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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