Mmbg Investment Advisors CO. Buys New Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Mmbg Investment Advisors CO. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 440 shares of the company’s stock, valued at approximately $51,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEI. Smartleaf Asset Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after buying an additional 105 shares during the last quarter. PSI Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after purchasing an additional 145 shares during the period. Nemes Rush Group LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $43,000. WealthShield Partners LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 33.7% during the fourth quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock worth $46,000 after buying an additional 100 shares during the period. Finally, Sound Income Strategies LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the fourth quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after purchasing an additional 404 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ:IEI opened at $117.78 on Monday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.85 and a one year high of $120.33. The business’s fifty day moving average price is $117.90 and its two-hundred day moving average price is $116.71.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a $0.335 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $4.02 dividend on an annualized basis and a yield of 3.41%.

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).