BayBridge Capital Group LLC Increases Stake in iShares 3-7 Year Treasury Bond ETF $IEI

BayBridge Capital Group LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 95.4% in the second quarter, Holdings Channel reports. The firm owned 30,945 shares of the company’s stock after acquiring an additional 15,111 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 1.9% of BayBridge Capital Group LLC’s holdings, making the stock its 11th biggest holding. BayBridge Capital Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,634,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. HUB Investment Partners LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 25.7% in the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock worth $295,000 after acquiring an additional 506 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $5,313,000. Camarda Financial Advisors LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 15.4% in the 2nd quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock worth $934,000 after purchasing an additional 1,049 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the second quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock worth $11,362,000 after purchasing an additional 90,367 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

Shares of NASDAQ:IEI opened at $115.57 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $115.50 and a 1 year high of $120.78. The stock’s fifty day moving average price is $116.50 and its 200-day moving average price is $117.59.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.