Gateway Wealth Partners LLC Increases Position in iShares 7-10 Year Treasury Bond ETF $IEF

Gateway Wealth Partners LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 380.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,884 shares of the exchange traded fund’s stock after acquiring an additional 25,248 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,043,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Stephens Inc. AR boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares in the last quarter. Fiduciary Alliance LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 110 shares during the last quarter. GC Wealth Management RIA LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares in the last quarter. KPP Advisory Services LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 138 shares in the last quarter. Finally, Balboa Wealth Partners lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 145 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.28 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.76 and a fifty-two week high of $98.04. The stock has a market capitalization of $47.25 billion, a P/E ratio of -22.00 and a beta of 0.26. The company’s 50-day simple moving average is $93.96 and its 200-day simple moving average is $95.16.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 1st.

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.