Core Wealth Partners LLC Makes New $388,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Core Wealth Partners LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,202 shares of the exchange traded fund’s stock, valued at approximately $388,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 56.8% during the third quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock valued at $504,000 after purchasing an additional 1,859 shares during the last quarter. Private Trust Co. NA boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 15.7% in the 3rd quarter. Private Trust Co. NA now owns 7,404 shares of the exchange traded fund’s stock worth $726,000 after buying an additional 1,002 shares during the period. The Manufacturers Life Insurance Company grew its stake in iShares 7-10 Year Treasury Bond ETF by 99.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 628,547 shares of the exchange traded fund’s stock valued at $61,673,000 after buying an additional 313,733 shares in the last quarter. D.A. Davidson & CO. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 13.5% during the 3rd quarter. D.A. Davidson & CO. now owns 3,709 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 441 shares during the period. Finally, Transamerica Financial Advisors Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 14.5% during the third quarter. Transamerica Financial Advisors Inc. now owns 78,319 shares of the exchange traded fund’s stock worth $7,685,000 after acquiring an additional 9,895 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $94.63 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a market cap of $32.60 billion, a PE ratio of -22.19 and a beta of 0.05. The stock has a fifty day moving average of $93.71 and a 200-day moving average of $94.47.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, March 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.