Sharpepoint LLC Purchases 52,568 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Sharpepoint LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 235.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 74,859 shares of the exchange traded fund’s stock after purchasing an additional 52,568 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 4.3% of Sharpepoint LLC’s portfolio, making the stock its 3rd largest position. Sharpepoint LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,198,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Janney Montgomery Scott LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,113,979 shares of the exchange traded fund’s stock worth $107,120,000 after acquiring an additional 9,347 shares during the last quarter. Goodman Advisory Group LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.0% in the 4th quarter. Goodman Advisory Group LLC now owns 103,453 shares of the exchange traded fund’s stock worth $9,948,000 after acquiring an additional 6,760 shares during the last quarter. FCA Corp TX grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% in the 4th quarter. FCA Corp TX now owns 35,056 shares of the exchange traded fund’s stock worth $3,371,000 after acquiring an additional 2,610 shares during the last quarter. Gaddis Premier Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $378,000. Finally, VVR Holdings LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $1,285,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ IEF opened at $93.69 on Thursday. The stock has a market capitalization of $47.79 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s fifty day simple moving average is $94.69 and its 200 day simple moving average is $95.77. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.