Paragon Capital Management Ltd Cuts Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Paragon Capital Management Ltd decreased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 18.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,545 shares of the company’s stock after selling 8,981 shares during the quarter. iShares 3-7 Year Treasury Bond ETF comprises approximately 0.9% of Paragon Capital Management Ltd’s portfolio, making the stock its 19th biggest holding. Paragon Capital Management Ltd’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,454,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Patriot Investment Management Group Inc. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% in the third quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock valued at $224,000 after buying an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in 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 in the last quarter. TAP Consulting LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% in the third quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock valued at $1,359,000 after buying an additional 91 shares in the last quarter. Robinson Value Management Ltd. increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the third quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock valued at $2,669,000 after buying an additional 100 shares in the last quarter. Finally, Blair William & Co. IL increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% in the second quarter. Blair William & Co. IL now owns 7,405 shares of the company’s stock valued at $855,000 after buying an additional 108 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $115.37 on Thursday. The business has a fifty day simple moving average of $115.91 and a 200-day simple moving average of $117.25. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3303 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).