iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Marshall & Sterling Wealth Advisors Inc.

Marshall & Sterling Wealth Advisors Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,908.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,740 shares of the exchange traded fund’s stock after purchasing an additional 13,056 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 0.9% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 29th largest position. Marshall & Sterling Wealth Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,321,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elevated Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $25,000. Asset Dedication LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Balentine LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Finally, Cornerstone Planning Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.54 on Friday. The firm has a fifty day moving average price of $94.90 and a 200 day moving average price of $95.94. The stock has a market cap of $48.22 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.