Magnus Financial Group LLC Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Magnus Financial Group LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,801 shares of the exchange traded fund’s stock after buying an additional 562 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Trivant Custom Portfolio Group LLC increased its position in 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 worth $29,000 after buying an additional 127 shares during the last quarter. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $35,000. Park Square Financial Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $37,000. Wood Tarver Financial Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $37,000. Finally, Mascagni Wealth Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $39,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $96.27 on Friday. The stock has a market cap of $35.82 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $98.47. The stock has a fifty day moving average of $95.84 and a 200-day moving average of $95.01.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a $0.3141 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.