iShares 7-10 Year Treasury Bond ETF $IEF Stake Increased by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 438,992 shares of the exchange traded fund’s stock after purchasing an additional 36,679 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 14.0% of LifeGuide Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. LifeGuide Financial Advisors LLC owned 0.09% of iShares 7-10 Year Treasury Bond ETF worth $42,178,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Balentine LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Asset Dedication LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $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 approximately $29,000. Finally, Cornerstone Planning Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0%

IEF stock opened at $95.74 on Friday. The stock’s 50 day simple moving average is $96.39 and its 200 day simple moving average is $96.59. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $98.04. The stock has a market capitalization of $46.76 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.