Solstein Capital LLC Grows Position in iShares 7-10 Year Treasury Bond ETF $IEF

Solstein Capital LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,845.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 34,147 shares of the exchange traded fund’s stock after acquiring an additional 32,392 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.3% of Solstein Capital LLC’s portfolio, making the stock its 19th largest position. Solstein Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,284,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Gerber Kawasaki Wealth & Investment Management grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.5% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 14,465 shares of the exchange traded fund’s stock valued at $1,391,000 after purchasing an additional 208 shares during the period. United Capital Management of KS Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.8% during the fourth quarter. United Capital Management of KS Inc. now owns 248,390 shares of the exchange traded fund’s stock worth $23,885,000 after buying an additional 11,364 shares during the period. RPg Family Wealth Advisory LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 2.3% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 68,586 shares of the exchange traded fund’s stock worth $6,595,000 after buying an additional 1,553 shares during the period. Laurel Oak Wealth Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $12,033,000. Finally, Federation des caisses Desjardins du Quebec grew its stake in iShares 7-10 Year Treasury Bond ETF by 33.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,026 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 2,032 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

IEF opened at $94.18 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The company has a 50 day moving average of $94.65 and a two-hundred day moving average of $95.74. The company has a market cap 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 disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3172 per share. 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 yield of 4.0%. The ex-dividend date was Monday, June 1st.

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.