WCG Wealth Advisors LLC Acquires Shares of 14,568 iShares 7-10 Year Treasury Bond ETF $IEF

WCG Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,568 shares of the exchange traded fund’s stock, valued at approximately $1,401,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IEF. Bison Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares in the last quarter. StoneX Group Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $213,000. The Manufacturers Life Insurance Company grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% during the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after purchasing an additional 913 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.5%

Shares of IEF stock opened at $93.62 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The company has a market cap of $47.76 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $94.76 and a 200 day simple moving average of $95.84.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.3172 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, June 1st.

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.