Franklin Resources Inc. Acquires 9,105 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Franklin Resources Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 238,815 shares of the company’s stock after buying an additional 9,105 shares during the quarter. Franklin Resources Inc. owned 0.19% of iShares 3-7 Year Treasury Bond ETF worth $28,104,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in iShares 3-7 Year Treasury Bond ETF by 17,868.4% in the third quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock valued at $316,671,000 after acquiring an additional 2,632,906 shares during the last quarter. National Bank of Canada FI lifted its stake in iShares 3-7 Year Treasury Bond ETF by 2,099.1% in the third quarter. National Bank of Canada FI now owns 468,420 shares of the company’s stock valued at $56,025,000 after purchasing an additional 447,119 shares during the last quarter. LPL Financial LLC increased 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 worth $213,546,000 after buying an additional 334,081 shares during the last quarter. Clarity Financial LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 100.2% in the third quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock worth $64,571,000 after buying an additional 270,178 shares during the last quarter. Finally, SkyView Investment Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $29,676,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.9 %

IEI stock opened at $115.21 on Thursday. The stock has a fifty day moving average of $116.75 and a 200-day moving average of $117.30. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th will be issued a dividend of $0.3303 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a yield of 3.44%.

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).