Tanglewood Wealth Management Inc. Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Tanglewood Wealth Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 565,204 shares of the exchange traded fund’s stock after buying an additional 6,598 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 5.3% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Tanglewood Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $54,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Asset Management Group Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after buying an additional 123 shares during the period. Global Trust Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 125 shares during the last quarter. Trivant Custom Portfolio Group LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 127 shares during the last quarter. Kiley Juergens Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock worth $1,268,000 after purchasing an additional 134 shares during the last quarter. Finally, Ibex Wealth Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% in the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock worth $1,766,000 after purchasing an additional 143 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.40 on Friday. The company has a market cap of $38.50 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.51. The business has a 50 day moving average price of $96.05 and a 200-day moving average price of $95.09.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a $0.2945 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.