iShares 7-10 Year Treasury Bond ETF $IEF Holdings Lifted by Wealth Management Resources Inc.

Wealth Management Resources Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 292,166 shares of the exchange traded fund’s stock after acquiring an additional 4,620 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 9.6% of Wealth Management Resources Inc.’s holdings, making the stock its 4th biggest holding. Wealth Management Resources Inc. owned approximately 0.08% of iShares 7-10 Year Treasury Bond ETF worth $27,981,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% during the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 127 shares in the last quarter. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth approximately $35,000. Morton Brown Family Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth approximately $42,000. Beacon Capital Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% during the first quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 351 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $54,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.91 on Friday. The company has a market capitalization of $38.52 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.51. The company’s 50 day moving average price is $96.19 and its two-hundred day moving average price is $95.14.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.2945 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.