iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Seven Mile Advisory

Seven Mile Advisory increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,941 shares of the exchange traded fund’s stock after purchasing an additional 8,879 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 3.1% of Seven Mile Advisory’s holdings, making the stock its 9th biggest holding. Seven Mile Advisory’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,072,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IEF. Bison Wealth LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares in the last quarter. StoneX Group Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $213,000. The Manufacturers Life Insurance Company increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after purchasing an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after purchasing an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after purchasing an additional 913 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 Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.18 on Monday. The firm has a market cap of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average is $94.65 and its two-hundred day moving average is $95.73. 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 firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.3172 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 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.