iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Holdings Raised by Wealth Management Resources Inc.

Wealth Management Resources Inc. increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,652 shares of the exchange traded fund’s stock after purchasing an additional 10,129 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 7.9% of Wealth Management Resources Inc.’s portfolio, making the stock its 2nd biggest position. Wealth Management Resources Inc. owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $18,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $1,822,000. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% in the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after acquiring an additional 804,424 shares during the last quarter. KPP Advisory Services LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $400,000. Schroder Investment Management Group grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% in the third quarter. Schroder Investment Management Group now owns 357,639 shares of the exchange traded fund’s stock worth $32,756,000 after acquiring an additional 1,304 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.1% in the third quarter. Royal Bank of Canada now owns 1,441,505 shares of the exchange traded fund’s stock worth $132,027,000 after acquiring an additional 603,833 shares during the last quarter. 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 traded up $0.62 during midday trading on Thursday, reaching $93.64. 3,860,957 shares of the company’s stock traded hands, compared to its average volume of 7,932,900. The company has a market cap of $28.69 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $97.19. The stock has a 50 day moving average of $93.13 and a 200 day moving average of $94.02.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.2851 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Monday, July 1st.

About iShares 7-10 Year Treasury Bond ETF

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.