Sumitomo Mitsui Financial Group Inc. Grows Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sumitomo Mitsui Financial Group Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,600 shares of the company’s stock after purchasing an additional 4,098 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,882,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IEI. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 72.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock valued at $29,000 after purchasing an additional 105 shares in the last quarter. PSI Advisors LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after buying an additional 145 shares during the period. Nemes Rush Group LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $43,000. Finally, WealthShield Partners LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 33.7% in the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after buying an additional 100 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $119.10 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 has a fifty day simple moving average of $116.94 and a two-hundred day simple moving average of $116.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.3417 per share. This represents a $4.10 annualized dividend and a yield of 3.44%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, April 1st.

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).