iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Lifted by Invst LLC

Invst LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8,393.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,054 shares of the exchange traded fund’s stock after buying an additional 208,569 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.5% of Invst LLC’s investment portfolio, making the stock its 11th largest holding. Invst LLC owned 0.06% of iShares 7-10 Year Treasury Bond ETF worth $20,709,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in IEF. Hobbs Group Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $221,000. Sunbelt Securities Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 62.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,559 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 982 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 7.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,415,791 shares of the exchange traded fund’s stock worth $138,917,000 after acquiring an additional 94,478 shares during the period. Ashford Capital Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 24.7% in the third quarter. Ashford Capital Management Inc. now owns 80,856 shares of the exchange traded fund’s stock worth $7,934,000 after purchasing an additional 16,012 shares in the last quarter. Finally, Greenwood Gearhart Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.8% during the third quarter. Greenwood Gearhart Inc. now owns 312,610 shares of the exchange traded fund’s stock valued at $30,673,000 after purchasing an additional 17,206 shares during the period. 81.48% of the stock is currently owned by institutional investors.

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

IEF stock opened at $94.77 on Wednesday. The company has a 50-day simple moving average of $94.84 and a 200 day simple moving average of $95.49. The company has a market capitalization of $33.66 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a $0.292 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, December 2nd.

About iShares 7-10 Year Treasury Bond ETF

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.