WealthTrust Asset Management LLC Purchases New Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

WealthTrust Asset Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 44,609 shares of the exchange traded fund’s stock, valued at approximately $4,178,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 3.1% of WealthTrust Asset Management LLC’s portfolio, making the stock its 7th largest holding.

A number of other institutional investors have also recently bought and sold shares of IEF. Aveo Capital Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 60.0% during the 4th quarter. Aveo Capital Partners LLC now owns 165,230 shares of the exchange traded fund’s stock worth $15,927,000 after purchasing an additional 61,940 shares in the last quarter. 9258 Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the 4th quarter. 9258 Wealth Management LLC now owns 108,605 shares of the exchange traded fund’s stock valued at $10,468,000 after buying an additional 5,405 shares in the last quarter. Rollins Financial bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $935,000. TrinityPoint Wealth LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 83.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 33,371 shares of the exchange traded fund’s stock worth $3,217,000 after acquiring an additional 15,222 shares during the period. Finally, Strategic Point Investment Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the 4th quarter. Strategic Point Investment Advisors LLC now owns 257,119 shares of the exchange traded fund’s stock worth $24,784,000 after acquiring an additional 2,732 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $98.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $99.18. The company has a market cap of $30.68 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm has a 50 day simple moving average of $96.91 and a two-hundred day simple moving average of $94.58.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

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.