Maltin Wealth Management Inc. Buys 8,375 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Maltin Wealth Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 136.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,520 shares of the exchange traded fund’s stock after purchasing an additional 8,375 shares during the period. Maltin Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of IEF. Elevated Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $28,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

NASDAQ:IEF opened at $94.79 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The firm has a market capitalization of $48.35 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day moving average price is $94.47 and its two-hundred day moving average price is $95.55.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3172 per share. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.