RFG Advisory LLC Has $21.02 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

RFG Advisory LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,356.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 218,622 shares of the exchange traded fund’s stock after purchasing an additional 203,612 shares during the quarter. RFG Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $21,023,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cadence Wealth Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 19.4% in the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after purchasing an additional 23,819 shares in the last quarter. Capital Investment Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $631,000. Arkos Global Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% in the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after purchasing an additional 21,893 shares in the last quarter. Acropolis Investment Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 121.3% in the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after purchasing an additional 39,014 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 10.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 629,570 shares of the exchange traded fund’s stock worth $60,728,000 after purchasing an additional 59,162 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.53 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04. The company has a 50-day simple moving average of $95.78 and a two-hundred day simple moving average of $96.30. The stock has a market capitalization of $48.22 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be issued a $0.3125 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, May 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.