Gateway Wealth Partners LLC Raises Position in iShares 7-10 Year Treasury Bond ETF $IEF

Gateway Wealth Partners LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 380.5% in the first quarter, Holdings Channel reports. The firm owned 31,884 shares of the exchange traded fund’s stock after buying an additional 25,248 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,043,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEF. Legacy Wealth Partners LLC grew its stake 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 valued at $2,064,000 after purchasing an additional 13,298 shares during the last quarter. ABLE Financial Group LLC raised its stake 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 worth $2,150,000 after purchasing an additional 5,255 shares during the last quarter. Center For Asset Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $954,000. Assetmark Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% during the fourth quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock worth $96,907,000 after purchasing an additional 13,133 shares during the period. Finally, Greenleaf Trust boosted its position in iShares 7-10 Year Treasury Bond ETF by 250.0% in the fourth quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock valued at $73,999,000 after buying an additional 549,696 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3%

Shares of NASDAQ:IEF opened at $93.28 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.76 and a twelve month high of $98.04. The company’s 50 day moving average is $93.96 and its 200 day moving average is $95.16. The company has a market cap of $47.25 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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