GenWealth Group Inc. Has $44.03 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

GenWealth Group Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 457,196 shares of the exchange traded fund’s stock after purchasing an additional 44,451 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 7.5% of GenWealth Group Inc.’s portfolio, making the stock its 4th biggest position. GenWealth Group Inc. owned 0.10% of iShares 7-10 Year Treasury Bond ETF worth $44,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $27,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Balentine LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Finally, Cornerstone Planning Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5%

Shares of NASDAQ:IEF opened at $95.36 on Thursday. The company has a market cap of $46.57 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50-day moving average price of $96.29 and a 200-day moving average price of $96.57. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.79 and a 12 month high of $98.04.

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 dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, March 2nd.

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. 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.