MBM Wealth Consultants LLC Increases Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

MBM Wealth Consultants LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.4% in the 1st quarter, Holdings Channel reports. The firm owned 93,201 shares of the company’s stock after buying an additional 9,502 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.5% of MBM Wealth Consultants LLC’s portfolio, making the stock its 12th biggest position. MBM Wealth Consultants LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,054,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after buying an additional 1,180,896 shares during the period. Captrust Financial Advisors grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after buying an additional 281,282 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock valued at $511,762,000 after buying an additional 33,946 shares during the period. Assetmark Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.6% during the 4th quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock valued at $364,260,000 after buying an additional 190,019 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after acquiring an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $117.47 on Thursday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $116.51 and a fifty-two week high of $120.78. The business has a 50 day moving average price of $117.62 and a two-hundred day moving average price of $118.66.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3694 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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). 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.