Focus Partners Wealth Buys 1,162,073 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Focus Partners Wealth grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 606.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,353,687 shares of the exchange traded fund’s stock after acquiring an additional 1,162,073 shares during the quarter. Focus Partners Wealth’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $130,166,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Fortitude Advisory Group L.L.C. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.9% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 26,680 shares of the exchange traded fund’s stock worth $2,566,000 after acquiring an additional 499 shares in the last quarter. Glen Eagle Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3,553.8% in the fourth quarter. Glen Eagle Advisors LLC now owns 475 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 462 shares in the last quarter. Evelyn Partners Asset Management Ltd boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the fourth quarter. Evelyn Partners Asset Management Ltd now owns 10,990 shares of the exchange traded fund’s stock worth $1,057,000 after acquiring an additional 240 shares in the last quarter. Arax Advisory Partners bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $45,000. Finally, Arkos Global Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock worth $57,530,000 after acquiring an additional 29,597 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $94.18 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The business has a fifty day moving average price of $94.65 and a 200-day moving average price of $95.73. The stock has a market capitalization of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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. 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.