Wealthcare Capital Management LLC Cuts Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Wealthcare Capital Management LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,773,268 shares of the exchange traded fund’s stock after selling 213,974 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 18.0% of Wealthcare Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Wealthcare Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $169,826,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Trivant Custom Portfolio Group LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 72.2% during the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 127 shares during the period. Wayfinding Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. Morton Brown Family Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $42,000. Beacon Capital Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% during the first 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 bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $54,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $96.40 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.51. The stock’s 50 day simple moving average is $96.05 and its two-hundred day simple moving average is $95.09. The stock has a market cap of $38.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.