MBL Wealth LLC Cuts Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

MBL Wealth LLC lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 200,198 shares of the company’s stock after selling 8,189 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 2.3% of MBL Wealth LLC’s investment portfolio, making the stock its 12th biggest holding. MBL Wealth LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $23,842,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Bank Hapoalim BM grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% during the second quarter. Bank Hapoalim BM now owns 13,521 shares of the company’s stock worth $1,610,000 after acquiring an additional 385 shares during the last quarter. Fairvoy Private Wealth LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 87.4% during the 2nd quarter. Fairvoy Private Wealth LLC now owns 6,240 shares of the company’s stock valued at $743,000 after buying an additional 2,911 shares in the last quarter. Ascent Group LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 224.1% during the 2nd quarter. Ascent Group LLC now owns 100,442 shares of the company’s stock valued at $11,962,000 after buying an additional 69,453 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at approximately $113,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 13.2% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,702 shares of the company’s stock valued at $917,000 after buying an additional 898 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $119.35 on Friday. The stock’s fifty day moving average is $119.29 and its two-hundred day moving average is $118.42. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a $0.3462 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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).