Pallas Capital Advisors LLC Buys 11,618 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Pallas Capital Advisors LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 119,706 shares of the exchange traded fund’s stock after buying an additional 11,618 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,511,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. HUB Investment Partners LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares during the last quarter. Spirit of America Management Corp NY boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% during the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 105 shares in the last quarter. M3 Advisory Group LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 125 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 128 shares during the period. Finally, Intergy Private Wealth LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 136 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.60 on Friday. The company has a 50 day simple moving average of $96.23 and a 200 day simple moving average of $96.54. The firm has a market cap of $46.20 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.