IFP Advisors Inc Has $44.17 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

IFP Advisors Inc raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 31.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 467,027 shares of the exchange traded fund’s stock after buying an additional 112,935 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 0.8% of IFP Advisors Inc’s holdings, making the stock its 14th largest position. IFP Advisors Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $44,167,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Windsor Advisory Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $28,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Compass Financial Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $29,000. Finally, Strive Financial Group LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 256 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

IEF stock opened at $92.16 on Wednesday. The firm has a market capitalization of $46.76 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.04 and a twelve month high of $98.04. The stock’s 50 day moving average is $93.17 and its 200-day moving average is $94.44.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.332 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.