21,945 iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by GenWealth Group Inc.

GenWealth Group Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 531,925 shares of the exchange traded fund’s stock after buying an additional 21,945 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 7.5% of GenWealth Group Inc.’s investment portfolio, making the stock its 4th largest holding. GenWealth Group Inc. owned 0.12% of iShares 7-10 Year Treasury Bond ETF worth $47,506,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IEF. Windsor Advisory Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $27,000. Compass Financial Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Strive Financial Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% in the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 256 shares in the last quarter. Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $33,000. Finally, Cape Investment Advisory Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $34,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $90.42 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The firm has a market capitalization of $41.53 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average of $91.29 and a two-hundred day moving average of $93.24.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.3069 per share. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, October 1st.

iShares 7-10 Year Treasury Bond ETF 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. 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.