iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Pacific Wealth Management

Pacific Wealth Management increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 144,873 shares of the exchange traded fund’s stock after purchasing an additional 9,390 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 6.5% of Pacific Wealth Management’s investment portfolio, making the stock its 4th biggest holding. Pacific Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,931,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Stirlingshire Investments Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $277,000. Gateway Wealth Partners LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 9.7% during the fourth quarter. Gateway Wealth Partners LLC now owns 6,636 shares of the exchange traded fund’s stock worth $638,000 after acquiring an additional 585 shares in the last quarter. Ameraudi Asset Management Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 17.7% during the fourth quarter. Ameraudi Asset Management Inc. now owns 105,393 shares of the exchange traded fund’s stock worth $10,135,000 after acquiring an additional 15,861 shares in the last quarter. Meeder Asset Management Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 78.4% during the fourth quarter. Meeder Asset Management Inc. now owns 652,207 shares of the exchange traded fund’s stock worth $62,716,000 after acquiring an additional 286,706 shares in the last quarter. Finally, Entelevest LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $1,123,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.7%

NASDAQ IEF opened at $94.34 on Friday. The firm’s fifty day moving average price is $94.67 and its two-hundred day moving average price is $95.75. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The firm has a market capitalization of $48.12 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.