19,160 iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Innova Wealth Partners

Innova Wealth Partners grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 373.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,296 shares of the exchange traded fund’s stock after purchasing an additional 19,160 shares during the period. Innova Wealth Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,170,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IEF. Bank of America Corp DE boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock valued at $1,454,685,000 after purchasing an additional 630,060 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.8% in the first quarter. Blue Trust Inc. now owns 6,475,952 shares of the exchange traded fund’s stock valued at $618,065,000 after purchasing an additional 354,797 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after buying an additional 217,157 shares during the period. Finally, Royal Bank of Canada increased its stake in iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after buying an additional 2,421,315 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

iShares 7-10 Year Treasury Bond ETF stock opened at $90.25 on Wednesday. The firm has a market cap of $41.52 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04. The company’s 50 day moving average is $91.19 and its two-hundred day moving average is $93.16.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3069 per share. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date was Thursday, October 1st. This represents a $3.68 annualized dividend and a yield of 4.1%.

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.