United Asset Strategies Inc. Acquires 2,009 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

United Asset Strategies Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.3% during the 2nd quarter, Holdings Channel reports. The firm owned 16,103 shares of the exchange traded fund’s stock after buying an additional 2,009 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,542,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IEF. Jones Financial Companies Lllp increased its stake in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock worth $181,156,000 after acquiring an additional 1,853,812 shares during the last quarter. Peavine Capital LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $160,837,000. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after buying an additional 1,333,142 shares during the period. LPL Financial LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after acquiring an additional 673,678 shares during the period. Finally, Summit Financial Consulting LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 9,052.5% in the second quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock worth $53,109,000 after purchasing an additional 548,491 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

IEF stock opened at $96.86 on Wednesday. The firm has a market cap of $40.40 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The business’s fifty day simple moving average is $96.83 and its two-hundred day simple moving average is $95.50.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.