ShoreHaven Wealth Partners LLC Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

ShoreHaven Wealth Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 16,844 shares of the exchange traded fund’s stock after buying an additional 339 shares during the quarter. ShoreHaven Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,613,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Asset Management Group Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after acquiring an additional 123 shares during the last quarter. Joel Adams & Associates Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 123 shares during the period. Global Trust Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 125 shares during the last quarter. Roundview Capital LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% in the 2nd quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock valued at $975,000 after purchasing an additional 156 shares during the last quarter. Finally, Plimoth Trust Co. LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% in the 2nd quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 158 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $97.39 on Friday. The stock’s fifty day moving average is $96.35 and its 200 day moving average is $95.22. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.59. The firm has a market capitalization of $38.87 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.