MFA Wealth Services Takes Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

MFA Wealth Services bought 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 institutional investor bought 46,299 shares of the company’s stock, valued at approximately $5,350,000. iShares 3-7 Year Treasury Bond ETF makes up about 4.3% of MFA Wealth Services’ portfolio, making the stock its 4th biggest position.

A number of other large investors have also bought and sold shares of the stock. Patriot Investment Management Group Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after purchasing an additional 85 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% during the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock valued at $1,564,000 after buying an additional 88 shares during the last quarter. TAP Consulting LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after acquiring an additional 91 shares in the last quarter. Robinson Value Management Ltd. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock worth $2,669,000 after acquiring an additional 100 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in iShares 3-7 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Stephens Inc. AR now owns 20,105 shares of the company’s stock valued at $2,405,000 after acquiring an additional 115 shares in the last quarter.

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

IEI stock opened at $115.46 on Friday. The business has a 50-day simple moving average of $115.86 and a two-hundred day simple moving average of $117.26. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.16 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.96 annualized dividend and a yield of 3.43%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).