M Holdings Securities Inc. Acquires New Position in iShares 3-7 Year Treasury Bond ETF $IEI

M Holdings Securities Inc. bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent filing with the SEC. The firm bought 9,031 shares of the company’s stock, valued at approximately $1,033,000.

A number of other institutional investors also recently bought and sold shares of IEI. Bank of America Corp DE grew its holdings 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 valued at $1,096,181,000 after buying an additional 2,627,948 shares during the last quarter. Assetmark Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 9.8% during the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after acquiring an additional 300,397 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $283,503,000. Royal Bank of Canada grew its stake in iShares 3-7 Year Treasury Bond ETF by 0.5% during 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 last quarter. Finally, WestEnd Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at about $127,896,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $115.23 on Tuesday. The stock’s 50-day simple moving average is $114.40 and its 200-day simple moving average is $117.03. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a dividend of $0.3809 per share. This represents a $4.57 dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. The ex-dividend date of this dividend was Monday, November 2nd.

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.