iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Arete Wealth Advisors LLC’s 10th Largest Position

Arete Wealth Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 197,107 shares of the exchange traded fund’s stock after purchasing an additional 3,373 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.6% of Arete Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Arete Wealth Advisors LLC owned 0.06% of iShares 7-10 Year Treasury Bond ETF worth $19,310,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Values First Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after purchasing an additional 1,365 shares during the period. Stanley Laman Group Ltd. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $274,000. Raymond James & Associates increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after acquiring an additional 281,554 shares during the period. Ballentine Partners LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $1,016,000. Finally, CWM LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% during the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after purchasing an additional 70,696 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 Performance

NASDAQ IEF opened at $94.77 on Wednesday. The firm’s fifty day moving average is $94.84 and its two-hundred day moving average is $95.49. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market cap of $33.66 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were given a $0.292 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.