iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Set to Pay Monthly Dividend of $0.37

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) declared a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be given a dividend of $0.3683 per share on Tuesday, October 6th. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 0.8% decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $113.44 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.25 and a 12 month high of $120.78. The stock’s 50 day moving average price is $115.65 and its 200 day moving average price is $116.96.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Several institutional investors have recently modified their holdings of IEI. JPMorgan Chase & Co. boosted its stake in 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 in the last quarter. Bank of America Corp DE raised its position in iShares 3-7 Year Treasury Bond ETF by 39.7% in 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 acquiring an additional 2,627,948 shares in the last quarter. Captrust Financial Advisors lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after acquiring an additional 281,282 shares during the last quarter. Assetmark Inc. lifted its holdings 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 acquiring an additional 300,397 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 2,454,299 shares of the company’s stock valued at $292,921,000 after purchasing an additional 250,345 shares in the last quarter.

About iShares 3-7 Year Treasury Bond ETF

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.