WLTH Capital Management LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF $IEF

WLTH Capital Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, Holdings Channel reports. The fund purchased 165,862 shares of the exchange traded fund’s stock, valued at approximately $16,123,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 12.6% of WLTH Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of IEF. Fisher Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after purchasing an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after purchasing an additional 7,506,518 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after buying an additional 3,291,267 shares in the last quarter. Morgan Stanley lifted its stake in iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after buying an additional 2,737,040 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in iShares 7-10 Year Treasury Bond ETF by 606.5% during the 4th quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock valued at $130,166,000 after buying an additional 1,162,073 shares during 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 Up 0.4%

NASDAQ IEF opened at $94.36 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The stock has a market cap of $48.13 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a fifty day moving average of $94.58 and a 200-day moving average of $95.63.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3172 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

iShares 7-10 Year Treasury Bond ETF Company Profile

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.