Beacon Wealthcare LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Beacon Wealthcare LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 395,012 shares of the exchange traded fund’s stock after purchasing an additional 3,713 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 15.6% of Beacon Wealthcare LLC’s portfolio, making the stock its 2nd biggest holding. Beacon Wealthcare LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $38,759,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Tsfg LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 201 shares during the period. Capital Investment Counsel Inc purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $28,000. Scarborough Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $32,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $36,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock traded down $0.21 on Wednesday, hitting $95.99. 1,586,421 shares of the stock traded hands, compared to its average volume of 7,792,650. The firm has a market cap of $33.25 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a 50 day simple moving average of $97.66 and a two-hundred day simple moving average of $94.88. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

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.