iShares 7-10 Year Treasury Bond ETF $IEF is Net Worth Advisory Group’s 7th Largest Position

Net Worth Advisory Group increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 116,720 shares of the exchange traded fund’s stock after acquiring an additional 12,085 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 2.3% of Net Worth Advisory Group’s holdings, making the stock its 7th biggest position. Net Worth Advisory Group’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,224,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $27,000. Asset Dedication LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $29,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ IEF opened at $94.60 on Friday. The company’s 50-day moving average price is $96.23 and its 200 day moving average price is $96.54. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.79 and a 52 week high of $98.04. The stock has a market cap of $46.20 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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. 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.