KFG Wealth Management LLC Purchases Shares of 2,214 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

KFG Wealth Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,214 shares of the exchange traded fund’s stock, valued at approximately $213,000.

A number of other large investors have also made changes to their positions in the company. Morgan Stanley grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after acquiring an additional 1,636,435 shares during the period. UBS Group AG grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% during the 3rd quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after acquiring an additional 79,423 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after acquiring an additional 327,711 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after acquiring an additional 804,424 shares during the period. Finally, Raymond James & Associates grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9.0% during the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock valued at $614,476,000 after acquiring an additional 527,706 shares during the period. 81.48% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:IEF opened at $91.74 on Friday. The stock has a 50 day moving average of $93.72 and a 200 day moving average of $93.58. The company has a market cap of $28.37 billion, a PE ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors 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 dividend on an annualized basis 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.