Elwood & Goetz Wealth Advisory Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,641 shares of the exchange traded fund’s stock, valued at approximately $682,000.
Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after acquiring an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock valued at $479,282,000 after purchasing an additional 217,157 shares during the period. Royal Bank of Canada increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% during the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after purchasing an additional 2,421,315 shares during the period. Finally, Wealthcare Capital Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.8% in the second quarter. Wealthcare Capital Management LLC now owns 1,843,045 shares of the exchange traded fund’s stock valued at $174,297,000 after purchasing an additional 32,242 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.
iShares 7-10 Year Treasury Bond ETF Trading Up 0.4%
Shares of NASDAQ IEF opened at $91.25 on Friday. The business has a fifty day simple moving average of $90.91 and a 200 day simple moving average of $93.90. The firm has a market capitalization of $43.44 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.64 and a one year high of $98.04.
iShares 7-10 Year Treasury Bond ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3069 dividend. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 annualized dividend and a yield of 4.0%.
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.
Featured Articles
- Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).
Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
