6,260 Shares of iShares 7-10 Year Treasury Bond ETF $IEF Acquired by WealthSpring Partners LLC

WealthSpring Partners LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,260 shares of the exchange traded fund’s stock, valued at approximately $559,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $27,000. Compass Financial Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $29,000. Strive Financial Group LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 256 shares during the last quarter. Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at approximately $33,000. Finally, Cape Investment Advisory Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at approximately $34,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

iShares 7-10 Year Treasury Bond ETF stock traded up $0.17 during mid-day trading on Wednesday, hitting $89.71. 11,587,795 shares of the stock were exchanged, compared to its average volume of 8,797,202. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The firm’s fifty day simple moving average is $91.47 and its two-hundred day simple moving average is $93.33. The stock has a market capitalization of $41.42 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3069 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

iShares 7-10 Year Treasury Bond ETF 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.