iShares 7-10 Year Treasury Bond ETF $IEF Position Reduced by Net Worth Advisory Group

Net Worth Advisory Group trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,635 shares of the exchange traded fund’s stock after selling 5,863 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 2.9% of Net Worth Advisory Group’s investment portfolio, making the stock its 4th largest position. Net Worth Advisory Group’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,093,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Silicon Valley Capital Partners acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $37,000. WFA of San Diego LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $40,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $52,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ IEF opened at $96.10 on Wednesday. The stock has a market cap of $40.08 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The business has a 50 day moving average price of $96.86 and a two-hundred day moving average price of $96.01.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.