iShares 3-7 Year Treasury Bond ETF $IEI Stock: MBL Wealth LLC Increases Holdings

by · The Markets Daily

MBL Wealth LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 269,232 shares of the company’s stock after acquiring an additional 17,200 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 1.8% of MBL Wealth LLC’s portfolio, making the stock its 13th largest holding. MBL Wealth LLC owned 0.18% of iShares 3-7 Year Treasury Bond ETF worth $30,542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. Bank of America Corp DE raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after purchasing an additional 2,627,948 shares during the period. Assetmark Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after purchasing an additional 300,397 shares during the last quarter. Royal Bank of Canada boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock valued at $132,004,000 after purchasing an additional 5,121 shares during the period. Strategic Point Investment Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock valued at $78,359,000 after purchasing an additional 27,780 shares during the period. Finally, Waverly Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock valued at $55,009,000 after purchasing an additional 13,312 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $114.79 on Friday. The business’s 50-day moving average price is $114.77 and its 200 day moving average price is $116.43. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.88 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

iShares 3-7 Year Treasury Bond ETF Profile

(Free Report)

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.

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