Willis Johnson & Associates Inc. Raises Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Willis Johnson & Associates Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.2% during the first quarter, HoldingsChannel reports. The firm owned 149,084 shares of the exchange traded fund’s stock after buying an additional 7,350 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 1.2% of Willis Johnson & Associates Inc.’s portfolio, making the stock its 20th biggest holding. Willis Johnson & Associates Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of IEF. Tsfg LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 201 shares in the last quarter. GoalVest Advisory LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $26,000. Islay Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $29,000. SouthState Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $29,000. Finally, CVA Family Office LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.7 %

Shares of NASDAQ IEF traded up $0.62 during trading hours on Thursday, reaching $93.64. 3,860,957 shares of the stock traded hands, compared to its average volume of 7,932,900. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $97.19. The company’s 50-day simple moving average is $93.17 and its two-hundred day simple moving average is $94.02. The company has a market capitalization of $28.44 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.2851 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.42 dividend on an annualized basis and a dividend yield of 3.65%.

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.