Worth Asset Management LLC Invests $11.77 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Worth Asset Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 119,913 shares of the exchange traded fund’s stock, valued at approximately $11,766,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 6.4% of Worth Asset Management LLC’s portfolio, making the stock its 2nd largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in IEF. Hudson Capital Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $284,000. Pinnacle Bancorp Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 14.6% during the third quarter. Pinnacle Bancorp Inc. now owns 2,453 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 313 shares during the period. Atlas Private Wealth Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 3.8% during the third quarter. Atlas Private Wealth Advisors now owns 390,814 shares of the exchange traded fund’s stock worth $38,348,000 after buying an additional 14,264 shares during the period. Heritage Wealth Partners LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 305.3% in the 3rd quarter. Heritage Wealth Partners LLC now owns 24,629 shares of the exchange traded fund’s stock valued at $2,417,000 after purchasing an additional 18,552 shares during the last quarter. Finally, High Note Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $438,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

Shares of IEF stock opened at $95.69 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $99.18. The company has a market capitalization of $33.15 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50 day moving average is $97.65 and its two-hundred day moving average is $94.89.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2882 dividend. 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.