Lake Hills Wealth Management LLC Takes Position in iShares 7-10 Year Treasury Bond ETF $IEF

Lake Hills Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,565 shares of the exchange traded fund’s stock, valued at approximately $1,978,000. iShares 7-10 Year Treasury Bond ETF comprises about 1.0% of Lake Hills Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position.

Several other large investors have also bought and sold shares of the stock. Sagespring Wealth Partners LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.3% during the fourth quarter. Sagespring Wealth Partners LLC now owns 43,643 shares of the exchange traded fund’s stock worth $4,197,000 after acquiring an additional 999 shares during the last quarter. AAFMAA Wealth Management & Trust LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $18,139,000. Ransom Advisory Ltd bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $529,000. Beacon Wealthcare LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beacon Wealthcare LLC now owns 405,478 shares of the exchange traded fund’s stock worth $38,991,000 after purchasing an additional 14,578 shares during the period. Finally, Canal Capital Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.2% in the 4th quarter. Canal Capital Management LLC now owns 41,026 shares of the exchange traded fund’s stock worth $3,945,000 after purchasing an additional 2,745 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $94.88 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.79 and a 52 week high of $98.04. The firm’s fifty day moving average is $96.36 and its 200-day moving average is $96.58. The firm has a market cap of $46.34 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.