8,569 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Bought by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,569 shares of the exchange traded fund’s stock, valued at approximately $765,000.

Several other hedge funds have also made changes to their positions in the stock. IMC Chicago LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 58.2% in the 2nd quarter. IMC Chicago LLC now owns 55,388 shares of the exchange traded fund’s stock worth $5,238,000 after acquiring an additional 20,379 shares during the period. Centerline Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $2,636,000. Silverleafe Capital Partners LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $15,876,000. Risk Paradigm Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 8.9% in the 2nd quarter. Risk Paradigm Group LLC now owns 79,693 shares of the exchange traded fund’s stock valued at $7,537,000 after purchasing an additional 6,484 shares during the last quarter. Finally, NorthRock Partners LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 26.4% during the 2nd quarter. NorthRock Partners LLC now owns 662,231 shares of the exchange traded fund’s stock valued at $62,627,000 after purchasing an additional 138,149 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $91.86 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04. The firm has a market capitalization of $44.63 billion, a price-to-earnings ratio of -22.00 and a beta of 0.27. The firm has a 50-day moving average price of $90.73 and a two-hundred day moving average price of $93.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.3115 per share. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date of this dividend was Monday, November 2nd.

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.