Global Retirement Partners LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Global Retirement Partners LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,476 shares of the exchange traded fund’s stock after buying an additional 5,879 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,796,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $25,000. Grey Fox Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $27,000. Asset Dedication LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Finally, Balentine LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ:IEF opened at $93.88 on Friday. The stock has a market cap of $47.89 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s fifty day moving average is $95.03 and its 200 day moving average is $96.01. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.