Ashton Thomas Private Wealth LLC Buys 13,494 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Ashton Thomas Private Wealth LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 95.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 27,668 shares of the exchange traded fund’s stock after acquiring an additional 13,494 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Asset Management Group Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 123 shares during the period. Joel Adams & Associates Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the period. Global Trust Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares during the period. Roundview Capital LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 1.6% during the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 156 shares during the period. Finally, Plimoth Trust Co. LLC increased its position in 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 worth $245,000 after acquiring an additional 158 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $97.49 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The firm has a market cap of $40.26 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s 50-day simple moving average is $96.61 and its 200 day simple moving average is $95.31.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis 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.