WLTH Capital Management LLC Buys Shares of 165,862 iShares 7-10 Year Treasury Bond ETF $IEF

WLTH Capital Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 165,862 shares of the exchange traded fund’s stock, valued at approximately $16,123,000. iShares 7-10 Year Treasury Bond ETF makes up about 12.6% of WLTH Capital Management LLC’s investment portfolio, making the stock its 2nd largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after purchasing an additional 47,170,533 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after acquiring an additional 7,506,518 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after acquiring an additional 3,291,267 shares during the period. Morgan Stanley boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after acquiring an additional 2,737,040 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% during the 4th quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock worth $130,166,000 after acquiring an additional 1,162,073 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.36 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The company has a market capitalization of $48.13 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average price of $94.58 and a 200 day moving average price of $95.63.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This represents a c) annualized dividend and a yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.