ICA Group Wealth Management LLC Has $2.56 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ICA Group Wealth Management LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,299 shares of the exchange traded fund’s stock after selling 6,018 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 1.5% of ICA Group Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. ICA Group Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,557,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Baird Financial Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after purchasing an additional 1,614,158 shares during the last quarter. GLOBALT Investments LLC GA bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $92,585,000. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after acquiring an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% in the 2nd quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after acquiring an additional 517,532 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $98.88 on Friday. The business has a fifty day moving average price of $96.56 and a 200 day moving average price of $94.45. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $99.15. The stock has a market capitalization of $30.81 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.