iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by MTC Wealth Management LLC

MTC Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.3% in the first quarter, Holdings Channel reports. The firm owned 92,695 shares of the exchange traded fund’s stock after purchasing an additional 7,095 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 4.2% of MTC Wealth Management LLC’s holdings, making the stock its 10th biggest position. MTC Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,847,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sigma Planning Corp grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.1% in the 1st quarter. Sigma Planning Corp now owns 35,742 shares of the exchange traded fund’s stock valued at $3,411,000 after acquiring an additional 1,407 shares in the last quarter. Members Trust Co raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Members Trust Co now owns 1,268,847 shares of the exchange traded fund’s stock worth $121,099,000 after acquiring an additional 35,547 shares in the last quarter. AMG National Trust Bank boosted its position in iShares 7-10 Year Treasury Bond ETF by 80.1% during the first quarter. AMG National Trust Bank now owns 119,363 shares of the exchange traded fund’s stock valued at $11,392,000 after purchasing an additional 53,095 shares during the last quarter. Retirement Planning Group LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 14.3% during the first quarter. Retirement Planning Group LLC now owns 3,677 shares of the exchange traded fund’s stock valued at $351,000 after purchasing an additional 461 shares during the last quarter. Finally, Bleakley Financial Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $1,086,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

IEF stock opened at $93.54 on Wednesday. The company has a market cap of $46.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The business has a 50 day moving average price of $94.13 and a two-hundred day moving average price of $95.34.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.