iShares 3-7 Year Treasury Bond ETF $IEI Stock: MBM Wealth Consultants LLC Raises Holdings

MBM Wealth Consultants LLC raised its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,476 shares of the company’s stock after purchasing an additional 8,421 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.5% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 11th biggest position. MBM Wealth Consultants LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $13,553,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vision Capital Management Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth $4,180,000. Tred Avon Family Wealth LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.1% during the third quarter. Tred Avon Family Wealth LLC now owns 12,954 shares of the company’s stock valued at $1,470,000 after acquiring an additional 855 shares during the last quarter. Freedom Day Solutions LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at $287,000. Investment Research Partners LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 176.3% during the 3rd quarter. Investment Research Partners LLC now owns 13,081 shares of the company’s stock valued at $1,484,000 after acquiring an additional 8,347 shares during the period. Finally, Smithbridge Asset Management Inc. DE bought a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter worth approximately $321,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock traded up $0.01 on Tuesday, hitting $114.00. The company had a trading volume of 989,356 shares, compared to its average volume of 1,857,440. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.88 and a 1 year high of $120.78. The stock has a 50 day moving average of $114.90 and a 200-day moving average of $116.51.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.3683 dividend. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.9%. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date was Thursday, October 1st.

iShares 3-7 Year Treasury Bond ETF 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). 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.