Spectrum Strategic Capital Management LLC Purchases 9,182 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Spectrum Strategic Capital Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 31.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 38,129 shares of the exchange traded fund’s stock after buying an additional 9,182 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.9% of Spectrum Strategic Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Spectrum Strategic Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,666,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. HUB Investment Partners LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the 3rd quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after acquiring an additional 104 shares during the period. Stephens Inc. AR lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.3% in the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 110 shares during the last quarter. GC Wealth Management RIA LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 113 shares during the last quarter. Finally, M3 Advisory Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.51 on Monday. The company has a market cap of $47.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50 day simple moving average of $95.32 and a 200 day simple moving average of $96.12. iShares 7-10 Year Treasury Bond ETF has a one year low of $93.03 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.