Transatlantique Private Wealth LLC Invests $1.30 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Transatlantique Private Wealth LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 13,479 shares of the exchange traded fund’s stock, valued at approximately $1,300,000.

A number of other hedge funds have also recently bought and sold shares of IEF. West Paces Advisors Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after purchasing an additional 21,060 shares in the last quarter. Cadence Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after purchasing an additional 23,819 shares in the last quarter. WestEnd Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.9% in the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after purchasing an additional 91,530 shares during the period. Capital Investment Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $631,000. Finally, Barings LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 2.2% during the second quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after buying an additional 13,550 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $97.09 on Monday. The firm has a fifty day moving average of $96.28 and a 200-day moving average of $96.47. The stock has a market cap of $47.42 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.312 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.