Geneos Wealth Management Inc. Buys 7,318 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Geneos Wealth Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,449 shares of the exchange traded fund’s stock after acquiring an additional 7,318 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,544,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $584,000. Goodman Advisory Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $5,347,000. Evergreen Capital Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.9% in the second quarter. Evergreen Capital Management LLC now owns 56,065 shares of the exchange traded fund’s stock valued at $5,369,000 after purchasing an additional 3,629 shares during the last quarter. FFT Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.6% in the 2nd quarter. FFT Wealth Management LLC now owns 13,948 shares of the exchange traded fund’s stock valued at $1,333,000 after buying an additional 224 shares during the last quarter. Finally, Semmax Financial Advisors Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% in the second quarter. Semmax Financial Advisors Inc. now owns 44,343 shares of the exchange traded fund’s stock valued at $4,229,000 after purchasing an additional 824 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $96.27 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The stock has a market capitalization of $40.15 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average price is $96.89 and its two-hundred day moving average price is $95.92.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.2884 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.