iShares 7-10 Year Treasury Bond ETF $IEF is Wealth Management Resources Inc.’s 4th Largest Position

Wealth Management Resources Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 298,096 shares of the exchange traded fund’s stock after purchasing an additional 5,930 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 9.3% of Wealth Management Resources Inc.’s holdings, making the stock its 4th biggest holding. Wealth Management Resources Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $28,754,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Spirit of America Management Corp NY boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 105 shares in the last quarter. FDx Advisors Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% during the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 107 shares during the last quarter. SouthState Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 120 shares in the last quarter. Joel Adams & Associates Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 123 shares in the last quarter. Finally, Global Trust Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 125 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 Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.44 on Friday. The company has a market capitalization of $40.23 billion, a PE ratio of -22.00 and a beta of 0.26. The company has a 50-day simple moving average of $96.80 and a two-hundred day simple moving average of $96.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.3127 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.