Net Worth Advisory Group Grows Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Net Worth Advisory Group grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,080 shares of the exchange traded fund’s stock after buying an additional 2,400 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 3.2% of Net Worth Advisory Group’s holdings, making the stock its 4th largest position. Net Worth Advisory Group’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,308,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after purchasing an additional 15,621,963 shares during the period. Raymond James Financial Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $725,489,000. Fisher Asset Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 18.2% in the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after purchasing an additional 7,566,487 shares during the period. Ausdal Financial Partners Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3,365.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 640,710 shares of the exchange traded fund’s stock worth $59,234,000 after purchasing an additional 622,224 shares during the period. Finally, Focus Partners Wealth raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3,920.2% in the 4th quarter. Focus Partners Wealth now owns 612,030 shares of the exchange traded fund’s stock worth $56,595,000 after purchasing an additional 596,806 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.23 on Thursday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $99.18. The stock’s fifty day moving average is $94.36 and its 200 day moving average is $93.91. The stock has a market cap of $34.11 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.3101 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a yield of 3.95%.

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.