iShares 7-10 Year Treasury Bond ETF $IEF Stake Boosted by MGO Private Wealth LLC

MGO Private Wealth LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,239 shares of the exchange traded fund’s stock after buying an additional 5,130 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 3.8% of MGO Private Wealth LLC’s portfolio, making the stock its 7th largest position. MGO Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trivant Custom Portfolio Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 127 shares during the period. Wayfinding Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $35,000. Morton Brown Family Wealth LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $42,000. Beacon Capital Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 172.9% in the first quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $54,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $96.40 on Friday. The stock has a market cap of $38.50 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.51. The firm’s 50-day simple moving average is $96.05 and its two-hundred day simple moving average is $95.09.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a $0.2945 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, October 1st.

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.