iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Rezny Wealth Management Inc.

Rezny Wealth Management Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 111.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,190 shares of the exchange traded fund’s stock after purchasing an additional 55,407 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 2.4% of Rezny Wealth Management Inc.’s portfolio, making the stock its 8th biggest holding. Rezny Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,725,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IEF. CWM LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after buying an additional 14,906 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares in the last quarter. Stablepoint Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% during the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 5,916 shares during the period. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. Hedge funds and other 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 $92.45 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market capitalization of $31.55 billion, a P/E ratio of -21.67 and a beta of 0.05. The company’s fifty day moving average is $93.23 and its two-hundred day moving average is $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.