Paulson Wealth Management Inc. Grows Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Paulson Wealth Management Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 96,575 shares of the company’s stock after buying an additional 7,091 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up approximately 2.7% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Paulson Wealth Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $11,526,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Country Trust Bank bought a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $25,000. Asset Dedication LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $28,000. Key Capital Management INC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $28,000. Ancora Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the 3rd quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after purchasing an additional 251 shares during the period.

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

Shares of NASDAQ:IEI opened at $117.46 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $117.01 and a 12 month high of $120.78. The firm’s 50-day moving average is $118.48 and its 200 day moving average is $119.19.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

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