Smith Salley Wealth Management Raises Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Posted by Mark Dietrich on Oct 27th, 2024

Smith Salley Wealth Management boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 4.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 43,886 shares of the exchange traded fund’s stock after buying an additional 1,749 shares during the period. Smith Salley Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $28,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $36,000. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $43,000. Finally, Farmers & Merchants Investments Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $43,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

NASDAQ IEF opened at $94.89 on Friday. The stock has a market cap of $33.64 billion, a PE ratio of -21.67 and a beta of 0.05. The business has a 50 day moving average price of $97.32 and a two-hundred day moving average price of $95.03. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $89.33 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

(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.