Tranquilli Financial Advisor LLC Has $3.57 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Tranquilli Financial Advisor LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 17.5% in the second quarter, HoldingsChannel.com reports. The firm owned 30,408 shares of the company’s stock after purchasing an additional 4,536 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises about 1.9% of Tranquilli Financial Advisor LLC’s investment portfolio, making the stock its 16th largest holding. Tranquilli Financial Advisor LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,571,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after buying an additional 1,180,896 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after buying an additional 2,627,948 shares in the last quarter. Captrust Financial Advisors grew its holdings in 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 in the last quarter. Financial Engines Advisors L.L.C. raised its position in iShares 3-7 Year Treasury Bond ETF by 0.8% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock valued at $511,762,000 after buying an additional 33,946 shares during the last quarter. Finally, Assetmark Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 9.8% in the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after buying an additional 300,397 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $115.63 on Thursday. The stock’s fifty day simple moving average is $116.66 and its two-hundred day simple moving average is $117.72. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.50 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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). 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.