Harvest Portfolios Group Inc. Acquires 203,540 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Harvest Portfolios Group Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,716,857 shares of the exchange traded fund’s stock after purchasing an additional 203,540 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 2.8% of Harvest Portfolios Group Inc.’s holdings, making the stock its 6th largest holding. Harvest Portfolios Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $165,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Asset Dedication LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $93.11 on Wednesday. The business has a 50 day simple moving average of $95.19 and a 200-day simple moving average of $96.07. The firm has a market capitalization of $47.50 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 $92.94 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.3125 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was 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.