FORM Wealth Advisors LLC Raises Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

FORM Wealth Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 228,349 shares of the exchange traded fund’s stock after acquiring an additional 18,739 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 2.6% of FORM Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. FORM Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $21,869,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after acquiring an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after acquiring an additional 180,171 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after acquiring an additional 278,079 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after acquiring an additional 128,076 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after acquiring an additional 673,678 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $96.27 on Friday. The stock’s 50-day simple moving average is $95.84 and its 200-day simple moving average is $95.01. The firm has a market capitalization of $35.82 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $98.47.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a $0.3141 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

About iShares 7-10 Year Treasury Bond ETF

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.