iShares 7-10 Year Treasury Bond ETF $IEF is Retirement Financial Solutions LLC’s 8th Largest Position

Retirement Financial Solutions LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 62.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 180,524 shares of the exchange traded fund’s stock after buying an additional 69,236 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 5.1% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 8th largest position. Retirement Financial Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,359,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $28,000. Asset Dedication LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. Finally, Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.18 on Monday. The company has a market cap of $48.04 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The company has a 50-day simple moving average of $94.65 and a 200-day simple moving average of $95.73.

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 issued a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. 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.

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.