Werba Rubin Papier Wealth Management Acquires 5,931 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Werba Rubin Papier Wealth Management raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.2% during the third quarter, HoldingsChannel reports. The fund owned 120,565 shares of the exchange traded fund’s stock after purchasing an additional 5,931 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.9% of Werba Rubin Papier Wealth Management’s investment portfolio, making the stock its 12th biggest holding. Werba Rubin Papier Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in IEF. Fisher Asset Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after purchasing an additional 2,686,141 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after acquiring an additional 46,734 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock worth $1,094,373,000 after buying an additional 434,320 shares during the period. Captrust Financial Advisors increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after buying an additional 495,772 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% during the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after acquiring an additional 359,889 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

NASDAQ:IEF opened at $95.94 on Friday. The firm’s fifty day simple moving average is $96.39 and its 200 day simple moving average is $96.28. The stock has a market cap of $45.92 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.08 and a twelve month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.