Invariant Investment Management Purchases 55,562 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Invariant Investment Management increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 278,454 shares of the exchange traded fund’s stock after purchasing an additional 55,562 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 15.4% of Invariant Investment Management’s portfolio, making the stock its 2nd largest position. Invariant Investment Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $26,225,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IEF. Bison Wealth LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares during the period. StoneX Group Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $213,000. The Manufacturers Life Insurance Company raised its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 7.5% in the second quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after acquiring an additional 913 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.17 on Friday. The firm has a market capitalization of $47.27 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.69 and a one year high of $98.04. The company’s fifty day moving average is $93.80 and its two-hundred day moving average is $94.97.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.3175 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.