IHT Wealth Management LLC Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

IHT Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 69,700 shares of the exchange traded fund’s stock after purchasing an additional 8,284 shares during the period. IHT Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arkos Global Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in 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. Center For Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $954,000. Acropolis Investment Management LLC raised its holdings in shares of 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 worth $6,844,000 after acquiring an additional 39,014 shares during the period. ABLE Financial Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% during the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock worth $2,150,000 after acquiring an additional 5,255 shares during the period. Finally, AAFMAA Wealth Management & Trust LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $18,139,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.5%

NASDAQ IEF opened at $94.02 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The business’s fifty day simple moving average is $94.60 and its 200-day simple moving average is $95.66. The firm has a market cap of $47.96 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business 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. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend 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.

About iShares 7-10 Year Treasury Bond ETF

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.