Spectrum Strategic Capital Management LLC Has $3.67 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Spectrum Strategic Capital Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 31.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,129 shares of the exchange traded fund’s stock after buying an additional 9,182 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.9% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 14th largest position. Spectrum Strategic Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,666,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Balentine LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.51 on Monday. The company has a 50 day moving average of $95.32 and a 200-day moving average of $96.12. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $93.03 and a 1-year high of $98.04. The company has a market cap of $47.70 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

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.