Wealth Enhancement Advisory Services LLC Raises Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wealth Enhancement Advisory Services LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.5% in the third quarter, HoldingsChannel.com reports. The fund owned 1,462,895 shares of the exchange traded fund’s stock after buying an additional 151,093 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $143,539,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. OneAscent Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $328,000. MCF Advisors LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 225.7% in the 1st quarter. MCF Advisors LLC now owns 990 shares of the exchange traded fund’s stock valued at $94,000 after purchasing an additional 686 shares during the last quarter. Vicus Capital increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.5% during the 1st quarter. Vicus Capital now owns 7,886 shares of the exchange traded fund’s stock valued at $747,000 after purchasing an additional 414 shares during the last quarter. Guidance Capital Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 97.9% during the 1st quarter. Guidance Capital Inc. now owns 32,408 shares of the exchange traded fund’s stock valued at $2,972,000 after buying an additional 16,035 shares during the period. Finally, Little House Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth $8,233,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock traded down $0.21 during mid-day trading on Friday, reaching $94.89. 6,455,354 shares of the stock traded hands, compared to its average volume of 7,702,761. The business has a 50-day moving average price of $97.32 and a two-hundred day moving average price of $95.02. The stock has a market capitalization of $33.64 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $89.33 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 7-10 Year Treasury Bond ETF 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.