MBM Wealth Consultants LLC Buys 7,691 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

MBM Wealth Consultants LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,596 shares of the company’s stock after purchasing an additional 7,691 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 2.4% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 12th biggest holding. MBM Wealth Consultants LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $9,632,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 7.4% in the second quarter. ORG Partners LLC now owns 7,923 shares of the company’s stock valued at $942,000 after purchasing an additional 543 shares during the last quarter. TRU Independence Asset Management 2 LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the second quarter. TRU Independence Asset Management 2 LLC now owns 48,336 shares of the company’s stock valued at $5,756,000 after acquiring an additional 2,298 shares during the period. Beacon Capital Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 102.9% during the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 107 shares in the last quarter. School Employees Retirement Board of Ohio bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $50,074,000. Finally, HB Wealth Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth about $240,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $119.10 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.18 and a 1-year high of $120.43. The business has a 50 day moving average of $119.51 and a 200 day moving average of $119.36.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.3711 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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). 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.