United Capital Management of KS Inc. Buys 11,364 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

United Capital Management of KS Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 248,390 shares of the exchange traded fund’s stock after purchasing an additional 11,364 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 3.3% of United Capital Management of KS Inc.’s portfolio, making the stock its 5th largest holding. United Capital Management of KS Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $23,885,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEF. Bison Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after purchasing an additional 113,663 shares during the last quarter. StoneX Group Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $213,000. The Manufacturers Life Insurance Company increased its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in 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 buying an additional 616,905 shares during the period. Ausdal Financial Partners Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 7.7% in the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after buying an additional 913 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of NASDAQ IEF opened at $94.18 on Friday. The business’s 50 day moving average is $94.65 and its two-hundred day moving average is $95.74. The company has a market cap of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.3172 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.