Siligmueller & Norvid Wealth Advisors LLC Makes New $4.17 Million Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Siligmueller & Norvid Wealth Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 43,223 shares of the exchange traded fund’s stock, valued at approximately $4,173,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.9% of Siligmueller & Norvid Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest holding.

Several other hedge funds have also made changes to their positions in the business. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $27,000. Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Cornerstone Planning Group LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares during the last quarter. Silicon Valley Capital Partners acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $32,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $37,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $97.09 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $97.77. The firm has a market capitalization of $47.42 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50-day simple moving average is $96.28 and its 200-day simple moving average is $96.46.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.312 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.