Mmbg Investment Advisors CO. Increases Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Mmbg Investment Advisors CO. boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 149.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,860 shares of the company’s stock after purchasing an additional 11,290 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Country Trust Bank purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $25,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $26,000. Asset Dedication LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $28,000. Key Capital Management INC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $28,000. Finally, Ancora Advisors LLC raised its stake in shares of 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.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $117.14 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78. The company’s 50 day moving average price is $118.16 and its two-hundred day moving average price is $119.06.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.3597 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.