iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,467.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 65,699 shares of the exchange traded fund’s stock after buying an additional 61,507 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,228,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $28,000. Asset Dedication LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, Capital Investment Counsel Inc bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.63 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The firm has a market capitalization of $46.99 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50-day moving average price of $94.19 and a two-hundred day moving average price of $95.38.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. 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.