34,764 Shares of iShares 7-10 Year Treasury Bond ETF $IEF Purchased by WealthCare Asset Management LLC

WealthCare Asset Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 34,764 shares of the exchange traded fund’s stock, valued at approximately $3,105,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.7% of WealthCare Asset Management LLC’s holdings, making the stock its 13th biggest holding.

Other large investors also recently bought and sold shares of the company. Leo Wealth LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $7,010,000. First Interstate Bank raised its position in iShares 7-10 Year Treasury Bond ETF by 7.6% in the third quarter. First Interstate Bank now owns 62,092 shares of the exchange traded fund’s stock valued at $5,545,000 after purchasing an additional 4,408 shares during the period. Atlas Private Wealth Advisors lifted its stake in iShares 7-10 Year Treasury Bond ETF by 23.5% during the third quarter. Atlas Private Wealth Advisors now owns 187,837 shares of the exchange traded fund’s stock worth $16,776,000 after purchasing an additional 35,699 shares in the last quarter. Bond & Devick Financial Network Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 7.3% during the third quarter. Bond & Devick Financial Network Inc. now owns 110,194 shares of the exchange traded fund’s stock worth $9,841,000 after purchasing an additional 7,456 shares in the last quarter. Finally, Simplicity Wealth LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 11.7% during the third quarter. Simplicity Wealth LLC now owns 46,909 shares of the exchange traded fund’s stock worth $4,189,000 after purchasing an additional 4,903 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

IEF opened at $91.12 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The business has a fifty day simple moving average of $91.03 and a 200-day simple moving average of $93.98. The firm has a market cap of $41.48 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3069 dividend. The ex-dividend date was Thursday, October 1st. This represents a $3.68 annualized dividend and a dividend yield of 4.0%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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. 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.