Cadence Wealth Management LLC Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Cadence Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,624 shares of the exchange traded fund’s stock after buying an additional 36,570 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 4.8% of Cadence Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Cadence Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,417,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Bison Wealth LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after buying an additional 113,663 shares during the period. StoneX Group Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $213,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the second quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 329 shares during the last quarter. Finally, Camarda Financial Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after purchasing an additional 913 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of IEF opened at $93.31 on Wednesday. The stock has a market capitalization of $47.25 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The firm has a fifty day simple moving average of $94.02 and a 200 day simple moving average of $95.25.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

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. 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.