Dynamic Wealth Strategies LLC Purchases 22,616 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Dynamic Wealth Strategies LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,117 shares of the exchange traded fund’s stock after purchasing an additional 22,616 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 8.8% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 2nd biggest holding. Dynamic Wealth Strategies LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,903,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 301 shares during the period. Greatmark Investment Partners Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 1.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after buying an additional 625 shares during the last quarter. Portland Global Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.3% in the 4th quarter. Portland Global Advisors LLC now owns 183,848 shares of the exchange traded fund’s stock valued at $16,997,000 after buying an additional 9,264 shares during the period. Beam Wealth Advisors Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after buying an additional 1,303 shares during the last quarter. Finally, Syntax Research Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.7% in the 4th quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock worth $4,952,000 after acquiring an additional 6,019 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IEF opened at $93.51 on Friday. The stock has a market capitalization of $37.33 billion, a P/E ratio of -22.63 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a 50-day moving average price of $94.40 and a 200 day moving average price of $94.15.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.3037 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.64 annualized dividend and a dividend yield of 3.90%.

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.