Paulson Wealth Management Inc. Acquires 5,191 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Paulson Wealth Management Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,054 shares of the company’s stock after acquiring an additional 5,191 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises about 2.2% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Paulson Wealth Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,140,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in IEI. Bogart Wealth LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after purchasing an additional 180 shares during the last quarter. Coston McIsaac & Partners boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after buying an additional 156 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares during the period. Abich Financial Wealth Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after acquiring an additional 317 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at about $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $115.74 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.72 and a 52-week high of $120.33. The business has a 50-day simple moving average of $118.28 and a two-hundred day simple moving average of $116.94.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3203 per share. This represents a $3.84 annualized dividend and a yield of 3.32%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, November 1st.

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).