18,739 Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Bought by Merit Financial Group LLC

Merit Financial Group LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, Holdings Channel reports. The firm purchased 18,739 shares of the company’s stock, valued at approximately $2,165,000.

Several other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position 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 valued at $1,150,956,000 after buying an additional 226,138 shares during the last quarter. Captrust Financial Advisors raised its holdings 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 valued at $316,671,000 after purchasing an additional 2,632,906 shares during the last quarter. Cerity Partners LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% during the third quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock valued at $243,511,000 after purchasing an additional 142,904 shares in the last quarter. Creative Planning boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 0.7% during the second quarter. Creative Planning now owns 1,871,564 shares of the company’s stock worth $216,110,000 after purchasing an additional 12,186 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 23.0% in the 3rd 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 in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $115.56 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 $115.88 and its two-hundred day moving average price is $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3303 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).