Sharpepoint LLC Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Sharpepoint LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 235.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,859 shares of the exchange traded fund’s stock after acquiring an additional 52,568 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 4.3% of Sharpepoint LLC’s holdings, making the stock its 3rd largest position. Sharpepoint LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,198,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,113,979 shares of the exchange traded fund’s stock valued at $107,120,000 after acquiring an additional 9,347 shares in the last quarter. Goodman Advisory Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.0% during the 4th quarter. Goodman Advisory Group LLC now owns 103,453 shares of the exchange traded fund’s stock valued at $9,948,000 after purchasing an additional 6,760 shares during the period. FCA Corp TX increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% during the 4th quarter. FCA Corp TX now owns 35,056 shares of the exchange traded fund’s stock valued at $3,371,000 after purchasing an additional 2,610 shares during the period. Gaddis Premier Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $378,000. Finally, VVR Holdings LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $1,285,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.69 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The stock has a market cap of $47.79 billion, a PE ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average is $94.69 and its 200-day moving average is $95.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3172 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.