iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Fiduciary Alliance LLC

Fiduciary Alliance LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,544 shares of the exchange traded fund’s stock after purchasing an additional 195 shares during the period. Fiduciary Alliance LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $513,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. CWM LLC increased 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 buying an additional 70,696 shares during the period. Lake Hills Wealth Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% during the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after acquiring an additional 14,906 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after acquiring an additional 7,508 shares in the last quarter. Stablepoint Partners LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% in the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 5,916 shares during the period. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $35,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $91.20 on Wednesday. The company has a market cap of $30.91 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s 50-day moving average is $93.35 and its two-hundred day moving average is $95.29. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3075 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 annualized dividend and a yield of 4.05%.

iShares 7-10 Year Treasury Bond ETF Company 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.