Seven Mile Advisory Purchases 176,561 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Seven Mile Advisory lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7,059.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 179,062 shares of the exchange traded fund’s stock after purchasing an additional 176,561 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 2.8% of Seven Mile Advisory’s portfolio, making the stock its 10th largest position. Seven Mile Advisory’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. HUB Investment Partners LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after buying an additional 104 shares during the last quarter. Spirit of America Management Corp NY lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 105 shares during the period. M3 Advisory Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after acquiring an additional 125 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 128 shares during the last quarter. Finally, Intergy Private Wealth LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 136 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.69 on Friday. The stock has a market cap of $46.73 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a fifty day moving average price of $96.43 and a 200 day moving average price of $96.60. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 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. 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.