Marshall & Sterling Wealth Advisors Inc. Has $3.12 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Marshall & Sterling Wealth Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 137.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,652 shares of the exchange traded fund’s stock after purchasing an additional 18,912 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 2.0% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 16th largest holding. Marshall & Sterling Wealth Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,116,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IEF. Regimen Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.1% during the 1st quarter. Regimen Wealth LLC now owns 3,241 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 323 shares in the last quarter. AIA Group Ltd raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 21.2% in the first quarter. AIA Group Ltd now owns 763,695 shares of the exchange traded fund’s stock valued at $72,887,000 after buying an additional 133,350 shares in the last quarter. Crescent Grove Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1,469.6% in the first quarter. Crescent Grove Advisors LLC now owns 255,658 shares of the exchange traded fund’s stock valued at $24,400,000 after buying an additional 239,370 shares during the period. Benningfield Financial Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.7% in the first quarter. Benningfield Financial Advisors LLC now owns 207,357 shares of the exchange traded fund’s stock valued at $19,790,000 after buying an additional 12,932 shares during the period. Finally, Dorsey Wright & Associates boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 206.9% in the first quarter. Dorsey Wright & Associates now owns 103,243 shares of the exchange traded fund’s stock valued at $9,853,000 after buying an additional 69,606 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.84 on Friday. The business’s 50 day simple moving average is $94.07 and its 200 day simple moving average is $95.29. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The company has a market capitalization of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date 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.