GC Wealth Management RIA LLC Makes New $252,000 Investment in iShares 7-10 Year Treasury Bond ETF $IEF

GC Wealth Management RIA LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, Holdings Channel reports. The institutional investor bought 2,634 shares of the exchange traded fund’s stock, valued at approximately $252,000.

A number of other large investors have also recently bought and sold shares of the business. Bison Wealth LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $218,000 after buying an additional 2,076 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $98,000. Matrix Trust Co raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 352.7% during the first quarter. Matrix Trust Co now owns 15,067 shares of the exchange traded fund’s stock valued at $1,437,000 after buying an additional 11,739 shares during the last quarter. Finally, Hudson Capital Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.1% during the first quarter. Hudson Capital Management LLC now owns 3,182 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 292 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $96.59 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.72. The stock has a market cap of $35.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The stock’s 50 day moving average price is $96.02 and its 200 day moving average price is $95.08.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a $0.2945 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

iShares 7-10 Year Treasury Bond ETF Company 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.