Warner Financial Inc. Acquires 4,204 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Warner Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,767 shares of the exchange traded fund’s stock after purchasing an additional 4,204 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.5% of Warner Financial Inc.’s portfolio, making the stock its 17th biggest holding. Warner Financial Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,617,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IEF. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after acquiring an additional 1,333,142 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock valued at $1,182,411,000 after acquiring an additional 180,171 shares during the period. Raymond James Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after acquiring an additional 278,079 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock valued at $440,362,000 after acquiring an additional 128,076 shares during the period. Finally, LPL Financial LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 18.2% during the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after acquiring an additional 673,678 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

Shares of IEF opened at $96.59 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.72. The firm has a market capitalization of $35.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The stock’s 50-day moving average price is $96.02 and its 200 day moving average price is $95.08.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 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.