Advisors Preferred LLC Acquires 40,731 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Advisors Preferred LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 36.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 151,885 shares of the exchange traded fund’s stock after purchasing an additional 40,731 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.1% of Advisors Preferred LLC’s portfolio, making the stock its 8th biggest holding. Advisors Preferred LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,496,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Stephens Inc. AR boosted its stake in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares during the period. Fiduciary Alliance LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 110 shares during the last quarter. GC Wealth Management RIA LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after buying an additional 113 shares during the period. KPP Advisory Services LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 138 shares during the period. Finally, Balboa Wealth Partners lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 145 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

Shares of IEF stock opened at $93.54 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The firm has a market cap of $46.94 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average of $94.13 and a 200-day moving average of $95.34.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares 7-10 Year Treasury Bond ETF 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.