222,323 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by FORM Wealth Advisors LLC

FORM Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 222,323 shares of the exchange traded fund’s stock, valued at approximately $21,379,000. iShares 7-10 Year Treasury Bond ETF accounts for 2.5% of FORM Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. HUB Investment Partners LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.1% during the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after acquiring an additional 104 shares during the period. Spirit of America Management Corp NY raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% during the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after acquiring an additional 105 shares during the period. Fiduciary Alliance LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 110 shares during the period. M3 Advisory Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after buying an additional 125 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% during the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 128 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

IEF opened at $95.42 on Wednesday. The business’s 50 day moving average is $96.07 and its 200-day moving average is $96.38. The stock has a market cap of $48.58 billion, a PE ratio of -22.00 and a beta of 0.28. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, April 1st.

About iShares 7-10 Year Treasury Bond ETF

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.