iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Lifted by MGO Private Wealth LLC

MGO Private Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 294.0% during the 1st quarter, Holdings Channel reports. The firm owned 57,109 shares of the exchange traded fund’s stock after acquiring an additional 42,613 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 3.8% of MGO Private Wealth LLC’s investment portfolio, making the stock its 7th largest holding. MGO Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,446,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Nuveen Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $4,006,000. Vontobel Holding Ltd. lifted its position in shares of 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 valued at $238,000 after buying an additional 301 shares during the last quarter. Northern Trust Corp lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 947.5% during the 4th quarter. Northern Trust Corp now owns 107,540 shares of the exchange traded fund’s stock valued at $9,942,000 after buying an additional 97,274 shares during the last quarter. Greatmark Investment Partners Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% during 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. Finally, Portland Global Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% during 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 last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.54 on Thursday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $99.18. The business’s fifty day moving average price is $94.30 and its 200-day moving average price is $93.90. The stock has a market capitalization of $34.22 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.3101 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.94%.

iShares 7-10 Year Treasury Bond ETF Company 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.