Systelligence LLC Purchases 9,113 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Systelligence LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 74,209 shares of the exchange traded fund’s stock after buying an additional 9,113 shares during the quarter. Systelligence LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,083,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Arkos Global Advisors increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after acquiring an additional 21,893 shares in the last quarter. Legacy Wealth Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares during the last quarter. Center For Asset Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $954,000. ABLE Financial Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 30.7% in the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after acquiring an additional 5,255 shares in the last quarter. Finally, TIAA Trust National Association boosted its stake in iShares 7-10 Year Treasury Bond ETF by 18.2% during the 3rd quarter. TIAA Trust National Association now owns 184,173 shares of the exchange traded fund’s stock valued at $17,765,000 after purchasing an additional 28,301 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $95.03 on Friday. The stock has a 50 day moving average price of $94.46 and a two-hundred day moving average price of $95.55. The firm has a market capitalization of $48.47 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.