iShares 7-10 Year Treasury Bond ETF $IEF is Leo Wealth LLC’s 6th Largest Position

Leo Wealth LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 161.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 417,952 shares of the exchange traded fund’s stock after buying an additional 258,203 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.9% of Leo Wealth LLC’s holdings, making the stock its 6th largest position. Leo Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $40,200,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEF. West Paces Advisors Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% in the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares during the period. Cadence Wealth Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 19.4% during the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after buying an additional 23,819 shares during the period. WestEnd Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 13.9% during the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after buying an additional 91,530 shares during the period. Capital Investment Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $631,000. Finally, Arkos Global Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after buying an additional 21,893 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $95.26 on Monday. The company’s 50-day simple moving average is $96.17 and its 200-day simple moving average is $96.46. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04. The firm has a market cap of $48.85 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.3172 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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.