iShares 7-10 Year Treasury Bond ETF $IEF Position Boosted by Portland Global Advisors LLC

Portland Global Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,750 shares of the exchange traded fund’s stock after buying an additional 5,342 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 2.0% of Portland Global Advisors LLC’s portfolio, making the stock its 16th largest holding. Portland Global Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,246,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. HUB Investment Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% in the 3rd quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after buying an additional 104 shares in the last quarter. Stephens Inc. AR grew its holdings 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 worth $3,952,000 after buying an additional 107 shares in the last quarter. Fiduciary Alliance LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 110 shares during the period. GC Wealth Management RIA LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares during the period. Finally, M3 Advisory Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 125 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $94.65 on Friday. The company has a market capitalization of $48.28 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The business has a 50 day moving average price of $94.88 and a two-hundred day moving average price of $95.93.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3125 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, May 1st.

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.