iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Palumbo Wealth Management LLC’s 6th Largest Position

Palumbo Wealth Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,085 shares of the exchange traded fund’s stock after purchasing an additional 1,563 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 3.2% of Palumbo Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Palumbo Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IEF. Cerity Partners OCIO LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $225,675,000. Ameriprise Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Captrust Financial Advisors raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after purchasing an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after purchasing an additional 517,532 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

IEF stock traded down $0.22 during trading on Thursday, hitting $94.35. 1,805,102 shares of the company’s stock traded hands, compared to its average volume of 7,657,696. The firm has a market capitalization of $33.43 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $89.56 and a 1 year high of $99.18. The business has a fifty day simple moving average of $97.14 and a two-hundred day simple moving average of $95.09.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.