1858 Wealth Management LLC Purchases Shares of 57,004 iShares 7-10 Year Treasury Bond ETF $IEF

1858 Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 57,004 shares of the exchange traded fund’s stock, valued at approximately $5,499,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 3.9% of 1858 Wealth Management LLC’s holdings, making the stock its 4th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after buying an additional 3,291,267 shares during the period. Ancora Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 49.2% in the third quarter. Ancora Advisors LLC now owns 788 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 260 shares during the last quarter. Raymond James Financial Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock valued at $595,643,000 after acquiring an additional 290,351 shares during the period. Cardiff Park Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 16.4% during the third quarter. Cardiff Park Advisors LLC now owns 1,722 shares of the exchange traded fund’s stock valued at $166,000 after acquiring an additional 242 shares during the period. Finally, GenWealth Group Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 6.2% during the third quarter. GenWealth Group Inc. now owns 412,745 shares of the exchange traded fund’s stock worth $39,813,000 after acquiring an additional 24,276 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.59 on Friday. The company has a market cap of $46.69 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.79 and a 12 month high of $98.04. The stock’s 50-day moving average is $96.42 and its 200-day moving average is $96.60.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.5%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.