iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Modern Wealth Management LLC

Modern Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 113.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 168,010 shares of the exchange traded fund’s stock after acquiring an additional 89,128 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,090,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IEF. Barings LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock valued at $61,575,000 after purchasing an additional 13,550 shares in the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $498,000. WBH Advisory Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 73.9% in the second quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock valued at $1,770,000 after buying an additional 7,854 shares during the last quarter. Joel Adams & Associates Inc. lifted its stake in shares of 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 buying an additional 123 shares during the period. Finally, Aspect Partners LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9,256.8% during the second quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after buying an additional 20,365 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.19 on Friday. The stock has a market capitalization of $40.12 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77. The company has a 50 day moving average price of $96.89 and a two-hundred day moving average price of $95.88.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were given a $0.2884 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis 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.