Wealth Alliance Has $2.62 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wealth Alliance lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 27.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,324 shares of the exchange traded fund’s stock after selling 10,745 shares during the quarter. Wealth Alliance’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,619,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IEF. Logan Capital Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Montag A & Associates Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

iShares 7-10 Year Treasury Bond ETF stock opened at $92.97 on Thursday. The company has a market capitalization of $32.03 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock’s 50 day moving average is $92.65 and its 200-day moving average is $94.95.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2964 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.