Stephens Inc. AR Reduces Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Stephens Inc. AR lowered its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,746 shares of the company’s stock after selling 359 shares during the period. Stephens Inc. AR’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,282,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock worth $1,150,956,000 after acquiring an additional 226,138 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of 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 worth $316,671,000 after purchasing an additional 2,632,906 shares during the last quarter. Cerity Partners LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% in the third quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock worth $243,511,000 after purchasing an additional 142,904 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 23.0% during the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock worth $213,546,000 after purchasing an additional 334,081 shares during the period. Finally, Tanglewood Wealth Management Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 32.8% in the fourth quarter. Tanglewood Wealth Management Inc. now owns 1,454,378 shares of the company’s stock valued at $168,053,000 after buying an additional 359,189 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $115.78 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.16 and a 12-month high of $120.33. The firm has a 50 day moving average of $115.75 and a two-hundred day moving average of $117.22.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3292 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).