iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 36.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 146,320 shares of the exchange traded fund’s stock after buying an additional 38,848 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.4% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 15th largest holding. Tennessee Valley Asset Management Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,068,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IEF. United Advisor Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 34.0% during the third quarter. United Advisor Group LLC now owns 35,335 shares of the exchange traded fund’s stock worth $3,156,000 after buying an additional 8,966 shares during the period. LightSquare Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 30.9% in the 3rd quarter. LightSquare Wealth Management LLC now owns 10,756 shares of the exchange traded fund’s stock worth $961,000 after buying an additional 2,540 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5,984.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 327,744 shares of the exchange traded fund’s stock worth $29,271,000 after buying an additional 322,357 shares during the last quarter. Canvas Wealth Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 279.3% in the 3rd quarter. Canvas Wealth Advisors LLC now owns 20,101 shares of the exchange traded fund’s stock valued at $1,834,000 after buying an additional 14,801 shares during the period. Finally, Asset One Wealth Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $210,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ IEF traded down $0.11 on Friday, reaching $91.86. 8,613,787 shares of the company traded hands, compared to its average volume of 9,172,454. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The company has a 50 day moving average of $90.73 and a 200 day moving average of $93.77. The stock has a market capitalization of $44.63 billion, a PE ratio of -22.00 and a beta of 0.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.