Paulson Wealth Management Inc. Purchases 21,586 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Paulson Wealth Management Inc. raised its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 17.4% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 145,442 shares of the company’s stock after buying an additional 21,586 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 3.4% of Paulson Wealth Management Inc.’s holdings, making the stock its 7th largest holding. Paulson Wealth Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $16,499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $26,102,000. TFB Advisors LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 49.6% during the third quarter. TFB Advisors LLC now owns 15,710 shares of the company’s stock valued at $1,782,000 after acquiring an additional 5,206 shares during the period. Capital Investment Services of America Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at $15,623,000. Arrien Investments Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 353.6% during the third quarter. Arrien Investments Inc. now owns 20,153 shares of the company’s stock valued at $2,286,000 after acquiring an additional 15,710 shares during the period. Finally, Jmac Enterprises LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 1.6% in the third quarter. Jmac Enterprises LLC now owns 219,696 shares of the company’s stock valued at $24,922,000 after acquiring an additional 3,375 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.3%

iShares 3-7 Year Treasury Bond ETF stock opened at $115.47 on Friday. The business’s 50-day simple moving average is $114.44 and its 200 day simple moving average is $117.07. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.88 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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). 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.