iShares 7-10 Year Treasury Bond ETF $IEF is Innova Wealth Partners’ 5th Largest Position

Innova Wealth Partners grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,282.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,159 shares of the exchange traded fund’s stock after buying an additional 63,229 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 3.1% of Innova Wealth Partners’ portfolio, making the stock its 5th largest holding. Innova Wealth Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of IEF. Arkos Global Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after buying an additional 21,893 shares in the last quarter. Legacy Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares in the last quarter. Center For Asset Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $954,000. ABLE Financial Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% during the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after acquiring an additional 5,255 shares during the period. Finally, Acropolis Investment Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% during the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after acquiring an additional 39,014 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.03 on Thursday. The firm has a market cap of $46.84 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The business has a 50-day moving average price of $94.39 and a 200 day moving average price of $95.51.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a $0.3111 dividend. The ex-dividend date of this dividend is Wednesday, July 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.