Ashton Thomas Private Wealth LLC Purchases 13,494 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Ashton Thomas Private Wealth LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 95.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,668 shares of the exchange traded fund’s stock after acquiring an additional 13,494 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,650,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asset Management Group Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 123 shares in the last quarter. Joel Adams & Associates Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares in the last quarter. Global Trust Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares in the last quarter. Roundview Capital LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.6% during the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 156 shares in the last quarter. Finally, Plimoth Trust Co. LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 6.6% during the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after acquiring an additional 158 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $97.49 on Tuesday. The firm’s fifty day moving average price is $96.61 and its two-hundred day moving average price is $95.31. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The firm has a market capitalization of $40.26 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.