FORM Wealth Advisors LLC Acquires 89,682 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

FORM Wealth Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 56.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 249,869 shares of the exchange traded fund’s stock after purchasing an additional 89,682 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 2.6% of FORM Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. FORM Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $23,630,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Windsor Advisory Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Finally, Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $31,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $92.87 on Wednesday. The business has a 50 day moving average of $93.75 and a 200-day moving average of $94.92. The company has a market capitalization of $47.12 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.69 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.3175 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.