11,675 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Acquired by Entelevest LLC

Entelevest LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,675 shares of the exchange traded fund’s stock, valued at approximately $1,123,000. iShares 7-10 Year Treasury Bond ETF accounts for about 1.1% of Entelevest LLC’s investment portfolio, making the stock its 25th largest position.

Several other large investors have also added to or reduced their stakes in IEF. Elevated Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $25,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Asset Dedication LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Finally, Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $31,000. 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 $93.69 on Thursday. The business’s 50 day simple moving average is $94.69 and its two-hundred day simple moving average is $95.77. The firm has a market cap of $47.79 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. The ex-dividend date was Monday, June 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.1%.

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.