Atlas Financial Advisors Inc. Has $6.37 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Atlas Financial Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 27.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,900 shares of the exchange traded fund’s stock after buying an additional 13,932 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 10.1% of Atlas Financial Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Atlas Financial Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,368,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. Innealta Capital LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $28,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $36,000. Atlanta Consulting Group Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $43,000. Finally, Farmers & Merchants Investments Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $43,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.67 on Friday. The company has a market capitalization of $33.35 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $90.68 and a one year high of $99.18. The business’s 50-day moving average price is $97.01 and its two-hundred day moving average price is $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be paid a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date is Friday, November 1st. This represents a $3.50 annualized dividend and a dividend yield of 3.74%.

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.