iShares 7-10 Year Treasury Bond ETF $IEF Holdings Boosted by Pacific Wealth Management

Pacific Wealth Management lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% in the first quarter, HoldingsChannel.com reports. The fund owned 152,209 shares of the exchange traded fund’s stock after buying an additional 7,336 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 7.8% of Pacific Wealth Management’s portfolio, making the stock its 3rd biggest holding. Pacific Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,527,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.78 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The firm’s 50 day moving average price is $94.11 and its 200-day moving average price is $95.32. The stock has a market cap of $47.06 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3111 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.