iShares 7-10 Year Treasury Bond ETF $IEF Stake Boosted by Legacy Wealth Partners LLC

Legacy Wealth Partners LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 159.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,624 shares of the exchange traded fund’s stock after purchasing an additional 13,298 shares during the quarter. Legacy Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,064,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in IEF. Elevated Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $28,000. Asset Dedication LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. Finally, Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $31,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

IEF stock opened at $94.12 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The firm’s 50-day simple moving average is $94.51 and its 200 day simple moving average is $95.58. The stock has a market cap of $48.01 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.3172 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.