iShares 7-10 Year Treasury Bond ETF $IEF is United Capital Management of KS Inc.’s 5th Largest Position

United Capital Management of KS Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,390 shares of the exchange traded fund’s stock after purchasing an additional 11,364 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 3.3% of United Capital Management of KS Inc.’s investment portfolio, making the stock its 5th largest position. United Capital Management of KS Inc. owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $23,885,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEF. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $28,000. Balentine LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. Finally, Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.18 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock’s 50 day simple moving average is $94.65 and its 200 day simple moving average is $95.74. The company has a market capitalization of $48.04 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.