Kingsview Wealth Management LLC Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Kingsview Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the 2nd quarter, Holdings Channel reports. The fund owned 323,298 shares of the exchange traded fund’s stock after purchasing an additional 31,296 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $30,574,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Beacon Pointe Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 11.3% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 225,650 shares of the exchange traded fund’s stock worth $21,340,000 after buying an additional 22,937 shares during the period. United Capital Financial Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 19.7% during the second quarter. United Capital Financial Advisors LLC now owns 101,234 shares of the exchange traded fund’s stock valued at $9,571,000 after buying an additional 16,650 shares in the last quarter. Caitlin John LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Caitlin John LLC now owns 7,549 shares of the exchange traded fund’s stock valued at $714,000 after acquiring an additional 312 shares in the last quarter. Equitable Holdings Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 33.4% during the second quarter. Equitable Holdings Inc. now owns 230,004 shares of the exchange traded fund’s stock worth $21,751,000 after purchasing an additional 57,632 shares during the period. Finally, Graybill Wealth Management LTD. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.7% in the second quarter. Graybill Wealth Management LTD. now owns 98,598 shares of the exchange traded fund’s stock worth $9,324,000 after acquiring an additional 1,637 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

Shares of NASDAQ IEF opened at $92.85 on Friday. The company has a market cap of $47.11 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day simple moving average is $93.50 and its 200 day simple moving average is $94.68. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.69 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

About iShares 7-10 Year Treasury Bond ETF

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.