New Wave Wealth Advisors LLC Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

by · The Cerbat Gem

New Wave Wealth Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 31,647.8% during the 1st quarter, Holdings Channel reports. The firm owned 7,302 shares of the exchange traded fund’s stock after acquiring an additional 7,279 shares during the period. New Wave Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in IEF. Bank of New York Mellon Corp lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 19.7% during the 4th quarter. Bank of New York Mellon Corp now owns 195,882 shares of the exchange traded fund’s stock valued at $18,109,000 after buying an additional 32,248 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 38,886 shares of the exchange traded fund’s stock valued at $3,595,000 after purchasing an additional 4,278 shares during the period. US Bancorp DE raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 4th quarter. US Bancorp DE now owns 167,762 shares of the exchange traded fund’s stock valued at $15,510,000 after purchasing an additional 25,797 shares during the period. Cape Investment Advisory Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,943 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 239 shares during the period. Finally, Maia Wealth LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $251,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $95.39 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18. The firm has a market cap of $34.89 billion, a price-to-earnings ratio of -22.00 and a beta of 0.24. The business’s fifty day moving average is $94.40 and its 200 day moving average is $93.90.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.3101 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.90%.

iShares 7-10 Year Treasury Bond ETF Profile

(Free Report)

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.

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