Keel Point LLC Grows Position in iShares 7-10 Year Treasury Bond ETF $IEF

Keel Point LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 257,369 shares of the exchange traded fund’s stock after buying an additional 54,277 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.5% of Keel Point LLC’s investment portfolio, making the stock its 14th biggest position. Keel Point LLC owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $24,749,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of IEF. HUB Investment Partners LLC lifted its position in shares of 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 worth $911,000 after purchasing an additional 104 shares in the last quarter. Stephens Inc. AR lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after purchasing an additional 107 shares in the last quarter. Fiduciary Alliance LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 110 shares in the last quarter. GC Wealth Management RIA LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares in the last quarter. Finally, M3 Advisory Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in 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 in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.34 on Friday. The company has a 50 day simple moving average of $94.67 and a 200-day simple moving average of $95.75. The firm has a market capitalization of $48.12 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 $92.94 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.