Joel Adams & Associates Inc. Acquires 123 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Joel Adams & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,116 shares of the exchange traded fund’s stock after purchasing an additional 123 shares during the quarter. Joel Adams & Associates Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Management Group Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 123 shares during the period. Global Trust Asset Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 125 shares in the last quarter. Trivant Custom Portfolio Group LLC increased its position 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 worth $29,000 after purchasing an additional 127 shares during the period. Kiley Juergens Wealth Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock worth $1,268,000 after purchasing an additional 134 shares during the period. Finally, Roundview Capital LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.6% in the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock valued at $975,000 after purchasing an additional 156 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.91 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.51. The company has a market capitalization of $38.44 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The firm’s 50-day moving average price is $96.19 and its two-hundred day moving average price is $95.15.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2945 dividend. 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 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.