iShares 7-10 Year Treasury Bond ETF $IEF is Wealthcare Capital Management LLC’s 2nd Largest Position

Wealthcare Capital Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.8% during the 2nd quarter, Holdings Channel reports. The fund owned 1,843,045 shares of the exchange traded fund’s stock after buying an additional 32,242 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 16.5% of Wealthcare Capital Management LLC’s portfolio, making the stock its 2nd largest position. Wealthcare Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $174,297,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IEF. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Windsor Advisory Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the first quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.17 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.69 and a 1-year high of $98.04. The business has a fifty day moving average price of $93.80 and a 200 day moving average price of $94.96. The stock has a market capitalization of $47.27 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.3175 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

iShares 7-10 Year Treasury Bond ETF 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.