Joule Financial LLC Has $16.22 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Joule Financial LLC raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 169,407 shares of the exchange traded fund’s stock after buying an additional 1,097 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 5.3% of Joule Financial LLC’s holdings, making the stock its 6th largest holding. Joule Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,224,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Plimoth Trust Co. LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% during the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock valued at $245,000 after acquiring an additional 158 shares during the period. CPR Investments Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 61.3% during the 2nd quarter. CPR Investments Inc. now owns 34,649 shares of the exchange traded fund’s stock valued at $3,318,000 after purchasing an additional 13,168 shares during the period. Simplicity Wealth LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 63.7% during the 2nd quarter. Simplicity Wealth LLC now owns 49,653 shares of the exchange traded fund’s stock valued at $4,755,000 after purchasing an additional 19,318 shares during the period. OLD National Bancorp IN acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $251,000. Finally, Wealthcare Advisory Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 636,093 shares of the exchange traded fund’s stock valued at $60,919,000 after purchasing an additional 17,915 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $96.40 on Monday. The firm’s 50 day moving average price is $96.05 and its two-hundred day moving average price is $95.09. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.51. The stock has a market cap of $38.50 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.2945 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend 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.