FSA Wealth Partners Inc. Buys Shares of 80,223 iShares 7-10 Year Treasury Bond ETF $IEF

FSA Wealth Partners Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 80,223 shares of the exchange traded fund’s stock, valued at approximately $7,683,000. iShares 7-10 Year Treasury Bond ETF accounts for about 3.7% of FSA Wealth Partners Inc.’s holdings, making the stock its 8th biggest holding.

Other hedge funds have also modified their holdings of the company. Trivant Custom Portfolio Group LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 127 shares during the period. Wayfinding Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $35,000. Morton Brown Family Wealth LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $42,000. Beacon Capital Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% in the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $54,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $96.59 on Friday. The business has a 50 day simple moving average of $96.02 and a 200-day simple moving average of $95.08. The stock has a market capitalization of $35.94 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.72.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be issued a $0.2945 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

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.