Baker Tilly Wealth Management LLC Has $245,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Baker Tilly Wealth Management LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 83.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,614 shares of the exchange traded fund’s stock after selling 13,605 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $245,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.5% during the 4th quarter. Fisher Asset Management LLC now owns 9,734,650 shares of the exchange traded fund’s stock valued at $938,323,000 after acquiring an additional 504,860 shares during the last quarter. Captrust Financial Advisors increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares in the last quarter. Blue Trust Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 9.7% during the 1st quarter. Blue Trust Inc. now owns 4,899,206 shares of the exchange traded fund’s stock worth $463,759,000 after purchasing an additional 433,840 shares in the last quarter. Nationwide Fund Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.1% in the 1st quarter. Nationwide Fund Advisors now owns 2,834,331 shares of the exchange traded fund’s stock valued at $268,298,000 after purchasing an additional 212,233 shares during the period. Finally, Perella Weinberg Partners Capital Management LP raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 22.6% in the 4th quarter. Perella Weinberg Partners Capital Management LP now owns 2,211,712 shares of the exchange traded fund’s stock valued at $213,187,000 after purchasing an additional 408,022 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF traded up $0.19 during midday trading on Friday, hitting $97.07. The stock had a trading volume of 4,437,050 shares, compared to its average volume of 7,670,372. The company has a 50 day simple moving average of $94.97 and a two-hundred day simple moving average of $93.98. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $98.58. The firm has a market cap of $30.25 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were paid a $0.2891 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.47 annualized dividend and a dividend yield of 3.57%.

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.