Joule Financial LLC Acquires 4,332 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Joule Financial LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 168,310 shares of the exchange traded fund’s stock after purchasing an additional 4,332 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 5.6% of Joule Financial LLC’s portfolio, making the stock its 5th largest holding. Joule Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,052,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after buying an additional 7,579,169 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 16,010 shares of the exchange traded fund’s stock worth $1,480,000 after acquiring an additional 542 shares during the period. Financial Advocates Investment Management raised its holdings in iShares 7-10 Year Treasury Bond ETF by 30.8% in the 4th quarter. Financial Advocates Investment Management now owns 13,091 shares of the exchange traded fund’s stock valued at $1,210,000 after acquiring an additional 3,086 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $1,227,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 44.9% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 25,732 shares of the exchange traded fund’s stock valued at $2,379,000 after acquiring an additional 7,969 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

IEF opened at $93.51 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18. The firm has a market cap of $33.85 billion, a P/E ratio of -22.10 and a beta of 0.05. The business’s fifty day moving average is $94.48 and its 200-day moving average is $93.90.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.3101 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a yield of 3.98%.

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.