Western Wealth Management LLC Has $2.88 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Western Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 578.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,987 shares of the exchange traded fund’s stock after purchasing an additional 25,569 shares during the period. Western Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Finally, Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of IEF stock opened at $94.26 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $93.03 and a 12 month high of $98.04. The business’s 50 day moving average is $95.38 and its two-hundred day moving average is $96.15. The company has a market cap of $48.08 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3125 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Friday, May 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.