iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,809 shares of the exchange traded fund’s stock after acquiring an additional 4,018 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,877,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IEF. HB Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.9% during the 1st quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock valued at $463,000 after buying an additional 2,046 shares in the last quarter. Independence Financial Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $14,612,000. Joel Adams & Associates Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the period. WBH Advisory Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 73.9% during the second quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock valued at $1,770,000 after purchasing an additional 7,854 shares in the last quarter. Finally, Aspect Partners LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 9,256.8% during the second quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 20,365 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

IEF stock opened at $96.69 on Friday. The stock has a market capitalization of $40.33 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50-day simple moving average of $96.79 and a 200-day simple moving average of $95.47. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.8%.

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.