PW Advisors LLC FL Takes $1.85 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

PW Advisors LLC FL acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 1st quarter, Holdings Channel reports. The fund acquired 19,415 shares of the exchange traded fund’s stock, valued at approximately $1,853,000. iShares 7-10 Year Treasury Bond ETF makes up 1.4% of PW Advisors LLC FL’s investment portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also modified their holdings of IEF. Elevated Capital Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6%

Shares of IEF stock opened at $94.03 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The company’s fifty day simple moving average is $94.39 and its 200-day simple moving average is $95.51. The firm has a market cap of $46.84 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.3111 per share. The ex-dividend date of this dividend is Wednesday, July 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.