Laurel Oak Wealth Management LLC Decreases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Laurel Oak Wealth Management LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 95,113 shares of the exchange traded fund’s stock after selling 30,027 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.5% of Laurel Oak Wealth Management LLC’s portfolio, making the stock its 14th biggest holding. Laurel Oak Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,078,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Bison Wealth LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after buying an additional 113,663 shares in the last quarter. StoneX Group Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $213,000. The Manufacturers Life Insurance Company lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after acquiring an additional 616,905 shares during the period. Ausdal Financial Partners Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 7.5% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% during the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after acquiring an additional 913 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

Shares of IEF stock opened at $95.03 on Friday. The company has a 50 day moving average price of $94.46 and a 200-day moving average price of $95.55. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The firm has a market capitalization of $48.47 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st.

iShares 7-10 Year Treasury Bond ETF 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.