iShares 7-10 Year Treasury Bond ETF $IEF is GenWealth Group Inc.’s 3rd Largest Position

GenWealth Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 509,980 shares of the exchange traded fund’s stock after purchasing an additional 20,674 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 7.5% of GenWealth Group Inc.’s investment portfolio, making the stock its 3rd largest holding. GenWealth Group Inc. owned about 0.10% of iShares 7-10 Year Treasury Bond ETF worth $48,229,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IEF. Canvas Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $501,000. Warner Financial Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% during the second quarter. Warner Financial Inc. now owns 53,572 shares of the exchange traded fund’s stock valued at $5,066,000 after purchasing an additional 496 shares in the last quarter. Kraft Davis & Associates LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $211,000. Centurion Wealth Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $232,000. Finally, Matrix Trust Co boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the 2nd quarter. Matrix Trust Co now owns 19,259 shares of the exchange traded fund’s stock worth $1,821,000 after purchasing an additional 940 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

IEF stock opened at $92.87 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.69 and a twelve month high of $98.04. The firm has a market cap of $47.12 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average of $93.75 and a 200 day moving average of $94.92.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.3175 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.