iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 123,390 shares of the exchange traded fund’s stock after buying an additional 8,834 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.3% of Premier Path Wealth Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Premier Path Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Windsor Advisory Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $28,000. Strive Financial Group LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 256 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Finally, McIlrath & Eck LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 882.4% during the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

Shares of IEF stock opened at $92.28 on Friday. The stock has a 50-day simple moving average of $93.33 and a 200 day simple moving average of $94.54. The stock has a market capitalization of $46.82 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.04 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.332 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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. 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.