WealthTrust Asset Management LLC Purchases Shares of 44,609 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

WealthTrust Asset Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,609 shares of the exchange traded fund’s stock, valued at approximately $4,178,000. iShares 7-10 Year Treasury Bond ETF comprises 3.1% of WealthTrust Asset Management LLC’s holdings, making the stock its 7th largest position.

A number of other large investors also recently modified their holdings of the business. Baird Financial Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 1,494.7% during the fourth quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after buying an additional 1,614,158 shares during the last quarter. GLOBALT Investments LLC GA acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $92,585,000. Captrust Financial Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after purchasing an additional 517,532 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $98.45 on Friday. 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’s fifty day moving average price is $96.91 and its two-hundred day moving average price is $94.58. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued 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.