iShares 7-10 Year Treasury Bond ETF $IEF Stake Lowered by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,008,438 shares of the exchange traded fund’s stock after selling 63,608 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.8% of Wealthcare Advisory Partners LLC’s portfolio, making the stock its 6th biggest position. Wealthcare Advisory Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $95,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. Warner Financial Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% in the 2nd quarter. Warner Financial Inc. now owns 53,572 shares of the exchange traded fund’s stock worth $5,066,000 after purchasing an additional 496 shares during the last quarter. Kraft Davis & Associates LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $211,000. Centurion Wealth Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $232,000. Matrix Trust Co increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.1% during the 2nd quarter. Matrix Trust Co now owns 19,259 shares of the exchange traded fund’s stock valued at $1,821,000 after purchasing an additional 940 shares in the last quarter. Finally, Wealthcare Capital Partners LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. Wealthcare Capital Partners LLC now owns 41,803 shares of the exchange traded fund’s stock worth $3,953,000 after buying an additional 1,913 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.76 on Tuesday. The company has a 50-day simple moving average of $93.77 and a two-hundred day simple moving average of $94.94. The stock has a market capitalization of $47.07 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.3175 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.