Prestige Wealth Management Group LLC Increases Position in iShares 7-10 Year Treasury Bond ETF $IEF

Prestige Wealth Management Group LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 338.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,409 shares of the exchange traded fund’s stock after buying an additional 18,842 shares during the period. Prestige Wealth Management Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,330,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IEF. Legacy Wealth Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares during the period. Center For Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $954,000. ABLE Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% in the fourth quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after purchasing an additional 5,255 shares during the period. Assetmark Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% in the fourth quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock valued at $96,907,000 after purchasing an additional 13,133 shares during the period. Finally, Greenleaf Trust raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.0% during the fourth quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock worth $73,999,000 after purchasing an additional 549,696 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.10 on Thursday. The stock has a fifty day moving average price of $94.00 and a 200 day moving average price of $95.22. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The company has a market cap of $47.15 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 1st.

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. 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.