Werba Rubin Papier Wealth Management Acquires 5,931 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Werba Rubin Papier Wealth Management boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,565 shares of the exchange traded fund’s stock after acquiring an additional 5,931 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.9% of Werba Rubin Papier Wealth Management’s investment portfolio, making the stock its 12th biggest holding. Werba Rubin Papier Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,630,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $27,000. Silicon Valley Capital Partners bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $32,000. Twin Peaks Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $37,000. WFA of San Diego LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $40,000. Finally, Richards Merrill & Peterson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $48,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $95.94 on Friday. The firm has a market cap of $45.92 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.08 and a 52 week high of $97.77. The firm’s 50-day simple moving average is $96.39 and its two-hundred day simple moving average is $96.28.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

About iShares 7-10 Year Treasury Bond ETF

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.