Wealthcare Advisory Partners LLC Buys 47,306 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wealthcare Advisory Partners LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 567,910 shares of the exchange traded fund’s stock after buying an additional 47,306 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 1.5% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 12th biggest position. Wealthcare Advisory Partners LLC owned about 0.17% of iShares 7-10 Year Treasury Bond ETF worth $52,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Waterloo Capital L.P. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $1,587,000. WCG Wealth Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% during the second quarter. WCG Wealth Advisors LLC now owns 297,615 shares of the exchange traded fund’s stock valued at $27,872,000 after purchasing an additional 49,659 shares during the period. ProVise Management Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $397,000. GM Advisory Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% during the second quarter. GM Advisory Group LLC now owns 2,611 shares of the exchange traded fund’s stock worth $245,000 after buying an additional 492 shares in the last quarter. Finally, WealthTrust Asset Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $4,178,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $92.51 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The company has a 50-day moving average of $93.29 and a 200-day moving average of $95.25. The company has a market capitalization of $31.52 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.99%.

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.