Kickstand Ventures LLC. Makes New Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Kickstand Ventures LLC. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,883 shares of the exchange traded fund’s stock, valued at approximately $1,124,000.

Other institutional investors have also modified their holdings of the company. Legacy Wealth Partners LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after acquiring an additional 13,298 shares during the last quarter. Jessup Wealth Management Inc boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the 4th quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after purchasing an additional 5,384 shares during the last quarter. Bayshore Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $891,000. Arkos Global Advisors grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after purchasing an additional 29,597 shares in the last quarter. Finally, Resonant Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $1,868,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $92.28 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.04 and a one year high of $98.04. The stock has a market cap of $46.82 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average price of $93.33 and a 200 day moving average price of $94.54.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be paid a $0.332 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.