Sound Income Strategies LLC Raises Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sound Income Strategies LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2,693.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 419 shares of the company’s stock after acquiring an additional 404 shares during the period. Sound Income Strategies LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $48,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in iShares 3-7 Year Treasury Bond ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock worth $1,150,956,000 after acquiring an additional 226,138 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after purchasing an additional 2,632,906 shares during the period. Cerity Partners LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% during the 3rd quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock worth $243,511,000 after purchasing an additional 142,904 shares during the last quarter. Creative Planning raised its holdings in iShares 3-7 Year Treasury Bond ETF by 0.7% in the 2nd quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after buying an additional 12,186 shares during the period. Finally, LPL Financial LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 23.0% in the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock valued at $213,546,000 after buying an additional 334,081 shares during the last quarter.

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

Shares of IEI opened at $115.65 on Friday. The firm has a 50-day simple moving average of $115.85 and a two-hundred day simple moving average of $117.26. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.3303 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Wednesday, December 18th.

iShares 3-7 Year Treasury Bond ETF 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).