Ritholtz Wealth Management Has $14.18 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Ritholtz Wealth Management raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,110 shares of the exchange traded fund’s stock after purchasing an additional 3,438 shares during the period. Ritholtz Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,184,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Trivant Custom Portfolio Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 127 shares during the period. Wayfinding Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $35,000. Morton Brown Family Wealth LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $42,000. Beacon Capital Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% during the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $54,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $97.21 on Wednesday. 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 capitalization of $38.56 billion, a P/E ratio of -22.00 and a beta of 0.05. The stock’s fifty day moving average is $96.24 and its 200 day moving average is $95.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2945 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, October 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.