iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Patton Fund Management Inc.

Patton Fund Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 481,479 shares of the exchange traded fund’s stock after acquiring an additional 12,126 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 6.2% of Patton Fund Management Inc.’s holdings, making the stock its largest holding. Patton Fund Management Inc. owned approximately 0.10% of iShares 7-10 Year Treasury Bond ETF worth $46,299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. West Paces Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after acquiring an additional 21,060 shares during the last quarter. Cadence Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 19.4% during the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after acquiring an additional 23,819 shares during the last quarter. WestEnd Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% during the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after acquiring an additional 91,530 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $631,000. Finally, Arkos Global Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% during the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after acquiring an additional 21,893 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

IEF stock opened at $95.48 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $93.03 and a 52-week high of $98.04. The business has a fifty day moving average of $96.10 and a two-hundred day moving average of $96.41. The stock has a market cap of $49.46 billion, a price-to-earnings ratio of -22.00 and a beta of 0.28.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.3172 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.