Litman Gregory Wealth Management LLC Has $6.06 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Litman Gregory Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,827 shares of the exchange traded fund’s stock after buying an additional 1,107 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. FinTrust Capital Advisors LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 6.8% during the fourth quarter. FinTrust Capital Advisors LLC now owns 1,972 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 126 shares during the period. Blair William & Co. IL grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.3% during the first quarter. Blair William & Co. IL now owns 11,369 shares of the exchange traded fund’s stock worth $1,222,000 after purchasing an additional 144 shares during the period. HBK Sorce Advisory LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% during the fourth quarter. HBK Sorce Advisory LLC now owns 4,094 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 150 shares during the period. First National Bank of Omaha grew its stake in iShares 7-10 Year Treasury Bond ETF by 0.7% during the second quarter. First National Bank of Omaha now owns 22,299 shares of the exchange traded fund’s stock worth $2,154,000 after purchasing an additional 157 shares during the period. Finally, FDx Advisors Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 2.2% during the third quarter. FDx Advisors Inc. now owns 7,775 shares of the exchange traded fund’s stock worth $712,000 after purchasing an additional 164 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ IEF traded up $0.12 during trading hours on Friday, hitting $91.74. 6,125,279 shares of the company’s stock were exchanged, compared to its average volume of 9,053,003. The stock has a 50-day simple moving average of $93.77 and a 200 day simple moving average of $93.57. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $100.80. The firm has a market cap of $28.37 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.31 annualized dividend and a yield of 3.61%.

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.