MBL Wealth LLC Has $26.37 Million Stake in iShares 3-7 Year Treasury Bond ETF $IEI

MBL Wealth LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.3% in the 4th quarter, Holdings Channel reports. The fund owned 220,933 shares of the company’s stock after buying an additional 11,154 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 2.1% of MBL Wealth LLC’s investment portfolio, making the stock its 13th largest holding. MBL Wealth LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $26,368,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Country Trust Bank acquired a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter worth about $25,000. Asset Dedication LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter worth about $28,000. Ancora Advisors LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 48.6% during the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Finally, AlphaCore Capital LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after purchasing an additional 251 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $118.29 on Wednesday. The stock’s 50-day moving average is $119.19 and its 200-day moving average is $119.44. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.62 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.3615 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Wednesday, April 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.