iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by SimpliFi Inc.

SimpliFi Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 948.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 220,578 shares of the exchange traded fund’s stock after buying an additional 199,548 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 9.1% of SimpliFi Inc.’s holdings, making the stock its 4th largest holding. SimpliFi Inc. owned 0.05% of iShares 7-10 Year Treasury Bond ETF worth $21,277,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IEF. West Paces Advisors Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% in the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares during the last quarter. WestEnd Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 13.9% during the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after purchasing an additional 91,530 shares during the last quarter. Barings LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock valued at $61,575,000 after purchasing an additional 13,550 shares in the last quarter. Forefront Wealth Partners LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $2,125,000. Finally, Commonwealth Equity Services LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 10.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 629,570 shares of the exchange traded fund’s stock valued at $60,728,000 after buying an additional 59,162 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.30 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The company has a market cap of $45.71 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s 50-day simple moving average is $96.59 and its 200 day simple moving average is $96.17.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.