Legacy Advisors LLC Invests $2.23 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Legacy Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,561 shares of the exchange traded fund’s stock, valued at approximately $2,228,000.

Other institutional investors have also made changes to their positions in the company. Stephens Inc. AR grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after acquiring an additional 107 shares during the last quarter. GC Wealth Management RIA LLC raised its stake 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 acquiring an additional 113 shares during the last quarter. KPP Advisory Services LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 138 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% during the second quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock worth $176,000 after purchasing an additional 144 shares in the last quarter. Finally, Balboa Wealth Partners grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 145 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.04 on Friday. The firm has a market cap of $47.21 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50 day simple moving average of $93.70 and a 200 day simple moving average of $94.87. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.69 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.