iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Wealthcare Advisory Partners LLC’s 10th Largest Position

Wealthcare Advisory Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 485,312 shares of the exchange traded fund’s stock after acquiring an additional 42,479 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 1.5% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 10th biggest holding. Wealthcare Advisory Partners LLC owned 0.16% of iShares 7-10 Year Treasury Bond ETF worth $45,940,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. O Shaughnessy Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 12.5% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 29,601 shares of the exchange traded fund’s stock worth $2,711,000 after buying an additional 3,294 shares in the last quarter. Synovus Financial Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2,457.4% during the 3rd quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after purchasing an additional 986,942 shares during the last quarter. Roundview Capital LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $828,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $1,822,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $1,254,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

Shares of IEF traded up $0.27 during mid-day trading on Thursday, hitting $94.21. 207,990 shares of the company’s stock were exchanged, compared to its average volume of 7,894,212. The firm has a fifty day moving average of $92.95 and a two-hundred day moving average of $94.08. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $97.43. The stock has a market cap of $28.87 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.2764 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.32 dividend on an annualized basis and a yield of 3.52%.

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.