iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Wealthcare Capital Management LLC’s 2nd Largest Position

Wealthcare Capital Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,937,596 shares of the exchange traded fund’s stock after buying an additional 97,747 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 18.0% of Wealthcare Capital Management LLC’s portfolio, making the stock its 2nd largest position. Wealthcare Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $179,131,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $34,000. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $35,000. Dunhill Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $38,000. Finally, Rakuten Securities Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $92.38 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The stock has a fifty day moving average of $93.29 and a 200 day moving average of $95.25. The stock has a market cap of $31.47 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.