9,122 iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 116.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,948 shares of the exchange traded fund’s stock after buying an additional 9,122 shares during the period. International Private Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,514,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after acquiring an additional 9,414,689 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after acquiring an additional 2,421,315 shares during the last quarter. AIA Group Ltd increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 110.5% during the 3rd quarter. AIA Group Ltd now owns 2,842,849 shares of the exchange traded fund’s stock valued at $253,895,000 after acquiring an additional 1,492,322 shares during the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $96,223,000. Finally, Eastern Bank increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 136.0% during the 3rd quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock valued at $120,251,000 after acquiring an additional 775,994 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $90.94 on Thursday. The stock’s 50 day simple moving average is $90.65 and its 200 day simple moving average is $93.70. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04. The company has a market capitalization of $44.18 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, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.3115 per share. This represents a $3.74 annualized dividend and a yield of 4.1%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date was Monday, November 2nd.

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.