Paragon Capital Management Ltd Sells 9,773 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Paragon Capital Management Ltd cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 65.6% during the third quarter, HoldingsChannel reports. The firm owned 5,127 shares of the company’s stock after selling 9,773 shares during the period. Paragon Capital Management Ltd’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $582,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Howe & Rusling Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 111.0% during the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 111 shares during the period. Cardinal Strategic Wealth Guidance acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $25,000. BankChampaign National Association acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter worth approximately $54,000. SHP Wealth Management acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $59,000. Finally, Longview Financial Advisors Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $63,000.

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

Shares of iShares 3-7 Year Treasury Bond ETF stock traded down $0.10 during midday trading on Friday, hitting $113.47. The company had a trading volume of 448,629 shares, compared to its average volume of 1,859,294. The business’s 50 day simple moving average is $115.27 and its two-hundred day simple moving average is $116.73. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.88 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3683 dividend. This is a drop from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%.

iShares 3-7 Year Treasury Bond ETF 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). 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.