Wealth Enhancement Advisory Services LLC Acquires 40,962 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,684,459 shares of the exchange traded fund’s stock after purchasing an additional 40,962 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $162,213,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. West Paces Advisors Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after purchasing an additional 21,060 shares during the last quarter. Cadence Wealth Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% in the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after purchasing an additional 23,819 shares during the period. WestEnd Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% in the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after purchasing an additional 91,530 shares during the last quarter. Capital Investment Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $631,000. Finally, Arkos Global Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% during the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after purchasing an additional 21,893 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $94.88 on Friday. The company has a market capitalization of $46.34 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $96.36 and a two-hundred day simple moving average of $96.59. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

About iShares 7-10 Year Treasury Bond ETF

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.