Axxcess Wealth Management LLC Grows Position in iShares 3-7 Year Treasury Bond ETF $IEI

Axxcess Wealth Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 44.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 80,200 shares of the company’s stock after purchasing an additional 24,849 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $9,585,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 56.1% during the 3rd quarter. Maridea Wealth Management LLC now owns 10,139 shares of the company’s stock valued at $1,219,000 after buying an additional 3,642 shares during the period. Wealthcare Capital Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% during the third quarter. Wealthcare Capital Management LLC now owns 84,768 shares of the company’s stock valued at $10,131,000 after acquiring an additional 1,217 shares during the last quarter. Mmbg Investment Advisors CO. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 61.4% during the third quarter. Mmbg Investment Advisors CO. now owns 7,570 shares of the company’s stock worth $905,000 after purchasing an additional 2,880 shares during the period. Fifth Third Bancorp grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 16.9% in the third quarter. Fifth Third Bancorp now owns 22,656 shares of the company’s stock worth $2,708,000 after purchasing an additional 3,270 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after purchasing an additional 4,523,903 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

IEI opened at $120.08 on Wednesday. The business has a 50 day simple moving average of $119.38 and a two-hundred day simple moving average of $119.51. iShares 3-7 Year Treasury Bond ETF has a one year low of $115.72 and a one year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.367 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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). 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.