iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Boosted by SkyOak Wealth LLC

SkyOak Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 139,737 shares of the exchange traded fund’s stock after purchasing an additional 14,194 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 2.4% of SkyOak Wealth LLC’s portfolio, making the stock its 9th biggest holding. SkyOak Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,437,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Cadence Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after purchasing an additional 23,819 shares in the last quarter. Arkos Global Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% during the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after purchasing an additional 21,893 shares in the last quarter. Acropolis Investment Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 121.3% during the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after purchasing an additional 39,014 shares in the last quarter. AAFMAA Wealth Management & Trust LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $18,139,000. Finally, Center For Asset Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $954,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

IEF opened at $94.26 on Friday. The company has a fifty day simple moving average of $95.38 and a 200 day simple moving average of $96.15. The firm has a market cap of $48.08 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors 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 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.