Quaker Wealth Management LLC Has $17.24 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Quaker Wealth Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 178,708 shares of the exchange traded fund’s stock after buying an additional 8,137 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 5.6% of Quaker Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Quaker Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,238,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IEF. Fisher Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after purchasing an additional 2,686,141 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock worth $1,236,651,000 after buying an additional 375,479 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock worth $1,094,373,000 after buying an additional 434,320 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after buying an additional 495,772 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.4% in the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after buying an additional 359,889 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $96.07 on Friday. The firm’s 50 day moving average price is $96.21 and its two-hundred day moving average price is $96.34. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.08 and a 52-week high of $97.77. The stock has a market cap of $46.92 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.312 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.