Good Steward Wealth Advisors LLC Purchases Shares of 2,828 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Good Steward Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,828 shares of the exchange traded fund’s stock, valued at approximately $270,000.

Other institutional investors have also modified their holdings of the company. Trivant Custom Portfolio Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% during the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 127 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Wood Tarver Financial Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $37,000. Park Square Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $37,000. Finally, Menard Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $38,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ IEF opened at $94.54 on Friday. The stock has a market cap of $34.22 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $99.18. The stock has a 50 day moving average of $94.31 and a two-hundred day moving average of $93.90.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a $0.3101 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.72 annualized dividend and a 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.