Sovereign Financial Group Inc. Boosts Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sovereign Financial Group Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 36.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,239 shares of the exchange traded fund’s stock after buying an additional 1,130 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $416,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IEF. Rockingstone Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 111.4% during the 3rd quarter. Rockingstone Advisors LLC now owns 18,930 shares of the exchange traded fund’s stock worth $1,857,000 after buying an additional 9,975 shares in the last quarter. Brookstone Capital Management grew its holdings in iShares 7-10 Year Treasury Bond ETF by 7.6% during the 3rd quarter. Brookstone Capital Management now owns 66,979 shares of the exchange traded fund’s stock worth $6,572,000 after acquiring an additional 4,736 shares in the last quarter. Stordahl Capital Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 9.5% during the 3rd quarter. Stordahl Capital Management Inc. now owns 41,886 shares of the exchange traded fund’s stock valued at $4,113,000 after purchasing an additional 3,627 shares during the period. Atomi Financial Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 10.5% during the 3rd quarter. Atomi Financial Group Inc. now owns 54,981 shares of the exchange traded fund’s stock valued at $5,395,000 after purchasing an additional 5,213 shares during the period. Finally, Insight Wealth Strategies LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 34.9% in the 3rd quarter. Insight Wealth Strategies LLC now owns 251,539 shares of the exchange traded fund’s stock valued at $24,681,000 after purchasing an additional 65,116 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 Stock Performance

NASDAQ IEF opened at $95.84 on Thursday. The company has a market cap of $33.20 billion, a PE ratio of -21.67 and a beta of 0.05. The firm’s 50 day moving average price is $97.66 and its 200-day moving average price is $94.89. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.