10,570 iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Beacon Wealthcare LLC

Beacon Wealthcare LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 430,508 shares of the exchange traded fund’s stock after acquiring an additional 10,570 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 12.2% of Beacon Wealthcare LLC’s holdings, making the stock its 2nd biggest holding. Beacon Wealthcare LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $38,449,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of IEF. Montecito Bank & Trust lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.0% in the 3rd quarter. Montecito Bank & Trust now owns 5,832 shares of the exchange traded fund’s stock worth $521,000 after acquiring an additional 578 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 114.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 595,640 shares of the exchange traded fund’s stock valued at $56,330,000 after acquiring an additional 317,250 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares in the last quarter. Core Capital Management & Research inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $3,177,000. Finally, The Manufacturers Life Insurance Company lifted its position in iShares 7-10 Year Treasury Bond ETF by 10.1% in the second quarter. The Manufacturers Life Insurance Company now owns 298,082 shares of the exchange traded fund’s stock worth $28,190,000 after purchasing an additional 27,242 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

NASDAQ IEF traded down $0.20 on Friday, reaching $89.09. 10,097,702 shares of the stock traded hands, compared to its average volume of 8,715,453. The firm’s fifty day simple moving average is $92.10 and its 200 day simple moving average is $93.68. The company has a market cap of $40.95 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be issued a $0.3069 dividend. This represents a $3.68 annualized dividend and a dividend yield of 4.1%. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date is Thursday, October 1st.

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.