Warner Financial Inc. Has $3.62 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Warner Financial Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,767 shares of the exchange traded fund’s stock after purchasing an additional 4,204 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.5% of Warner Financial Inc.’s portfolio, making the stock its 17th biggest position. Warner Financial Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,617,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IEF. HB Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 72.9% during the first quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock valued at $463,000 after buying an additional 2,046 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock valued at $153,200,000 after buying an additional 7,420 shares in the last quarter. GAMMA Investing LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $218,000 after buying an additional 2,076 shares in the last quarter. Independence Financial Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $14,612,000. Finally, JPMorgan Chase & Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $96.59 on Friday. The stock’s 50-day moving average is $96.02 and its two-hundred day moving average is $95.08. The firm has a market cap of $35.94 billion, a P/E 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 $97.72.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a $0.2945 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

iShares 7-10 Year Treasury Bond ETF Company 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.