MGO Private Wealth LLC Raises Stake in iShares 7-10 Year Treasury Bond ETF $IEF

MGO Private Wealth LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,239 shares of the exchange traded fund’s stock after buying an additional 5,130 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 3.8% of MGO Private Wealth LLC’s portfolio, making the stock its 7th largest holding. MGO Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,961,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position 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 purchasing an additional 1,333,142 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock valued at $1,182,411,000 after purchasing an additional 180,171 shares during the period. Raymond James Financial Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after purchasing an additional 278,079 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock valued at $440,362,000 after purchasing an additional 128,076 shares during the period. Finally, LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 18.2% during the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after purchasing an additional 673,678 shares during the period. Institutional investors own 81.48% of the company’s stock.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.40 on Friday. The company has a market cap of $38.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The company’s 50 day moving average is $96.05 and its 200 day moving average is $95.09. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.