Stephens Consulting LLC Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stephens Consulting LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11,414.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 806 shares of the exchange traded fund’s stock after acquiring an additional 799 shares during the quarter. Stephens Consulting LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $75,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IEF. Nations Financial Group Inc. IA ADV boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.6% during the second quarter. Nations Financial Group Inc. IA ADV now owns 31,999 shares of the exchange traded fund’s stock worth $2,997,000 after acquiring an additional 206 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $28,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 23,181 shares of the exchange traded fund’s stock valued at $2,171,000 after purchasing an additional 1,627 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 350.6% during the second quarter. Arkadios Wealth Advisors now owns 10,895 shares of the exchange traded fund’s stock worth $1,020,000 after buying an additional 8,477 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

NASDAQ:IEF traded down $0.34 during trading hours on Friday, hitting $97.07. The company had a trading volume of 4,688,706 shares, compared to its average volume of 7,520,484. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $98.58. The company has a market cap of $30.25 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50-day moving average of $95.65 and a 200 day moving average of $94.14.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.2891 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.47 dividend on an annualized basis and a dividend yield of 3.57%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly 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.