Greenwood Gearhart LLC Acquires 55,180 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Greenwood Gearhart LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 854,092 shares of the exchange traded fund’s stock after acquiring an additional 55,180 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 3.8% of Greenwood Gearhart LLC’s investment portfolio, making the stock its 7th largest position. Greenwood Gearhart LLC owned approximately 0.17% of iShares 7-10 Year Treasury Bond ETF worth $80,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Windsor Advisory Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Finally, McIlrath & Eck LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 shares during 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

IEF stock opened at $93.04 on Friday. The stock’s 50 day moving average price is $93.70 and its 200 day moving average price is $94.87. The firm has a market cap of $47.21 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.69 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.3175 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.