Genesis Wealth Advisors LLC Makes New $223,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Genesis Wealth Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,413 shares of the exchange traded fund’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vontobel Holding Ltd. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 301 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after acquiring an additional 7,508 shares during the last quarter. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $35,000. National Bank of Canada FI boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after acquiring an additional 303,636 shares during the last quarter. Finally, Carr Financial Group Corp boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 39.6% during the 3rd quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock worth $3,636,000 after acquiring an additional 10,502 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.71 on Monday. The company’s fifty day simple moving average is $92.63 and its 200-day simple moving average is $94.89. The stock has a market capitalization of $32.28 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2964 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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.