Marshall & Sterling Wealth Advisors Inc. Has $3.12 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Marshall & Sterling Wealth Advisors Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 137.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 32,652 shares of the exchange traded fund’s stock after buying an additional 18,912 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 2.0% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 16th largest holding. Marshall & Sterling Wealth Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,116,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEF. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $31,000. Finally, McIlrath & Eck LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% in the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.84 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The stock has a market capitalization of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average of $94.07 and a 200-day moving average of $95.29.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

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. 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.