FORM Wealth Advisors LLC Has $23.63 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

FORM Wealth Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 56.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,869 shares of the exchange traded fund’s stock after acquiring an additional 89,682 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 2.6% of FORM Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. FORM Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $23,630,000 as of its most recent SEC filing.

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

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $92.87 on Wednesday. The firm has a 50-day moving average of $93.75 and a 200-day moving average of $94.92. The company has a market cap of $47.12 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 $92.69 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.