Belpointe Asset Management LLC Has $5.61 Million Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Belpointe Asset Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1,040.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,275 shares of the company’s stock after buying an additional 43,129 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $165,416,000. JPMorgan Chase & Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock worth $1,209,267,000 after acquiring an additional 842,335 shares in the last quarter. National Bank of Canada FI raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 158.6% during the fourth quarter. National Bank of Canada FI now owns 1,211,531 shares of the company’s stock worth $140,113,000 after purchasing an additional 743,111 shares during the period. Mariner LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 808.4% during the 4th quarter. Mariner LLC now owns 583,032 shares of the company’s stock valued at $67,369,000 after purchasing an additional 518,852 shares in the last quarter. Finally, Tanglewood Wealth Management Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 32.8% in the 4th quarter. Tanglewood Wealth Management Inc. now owns 1,454,378 shares of the company’s stock valued at $168,053,000 after purchasing an additional 359,189 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.99 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33. The company’s 50 day moving average price is $117.19 and its two-hundred day moving average price is $116.71.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.3417 per share. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.51%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Tuesday, April 1st.

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).