Wealthcare Advisory Partners LLC Raises Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Wealthcare Advisory Partners LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 686,121 shares of the exchange traded fund’s stock after purchasing an additional 50,028 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.4% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 10th biggest position. Wealthcare Advisory Partners LLC owned 0.16% of iShares 7-10 Year Treasury Bond ETF worth $66,183,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. West Paces Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares during the last quarter. Cadence Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after buying an additional 23,819 shares during the period. WestEnd Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% during the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after buying an additional 91,530 shares in the last quarter. Capital Investment Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $631,000. Finally, Barings LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after acquiring an additional 13,550 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $97.21 on Tuesday. The company’s 50 day simple moving average is $96.21 and its 200-day simple moving average is $96.43. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.76 and a 52-week high of $97.77. The firm has a market capitalization of $47.48 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.312 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis 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.