Maltin Wealth Management Inc. Takes $591,000 Position in iShares 7-10 Year Treasury Bond ETF $IEF

Maltin Wealth Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,145 shares of the exchange traded fund’s stock, valued at approximately $591,000.

A number of other large investors have also recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $27,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 222 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 0.2%

IEF stock opened at $95.44 on Wednesday. The business’s fifty day simple moving average is $96.21 and its two-hundred day simple moving average is $96.51. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04. The firm has a market cap of $46.61 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 business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.2828 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.