Rockingstone Advisors LLC Acquires 28,440 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rockingstone Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 102.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 56,120 shares of the exchange traded fund’s stock after purchasing an additional 28,440 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 2.4% of Rockingstone Advisors LLC’s portfolio, making the stock its 6th largest position. Rockingstone Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,352,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Montag A & Associates Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the period. BankPlus Trust Department acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $31,000. Wood Tarver Financial Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $37,000. Park Square Financial Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $37,000. Finally, Menard Financial Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $38,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.84 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $99.18. The stock has a market cap of $34.08 billion, a PE ratio of -22.00 and a beta of 0.24. The business’s fifty day moving average is $94.40 and its 200-day moving average is $93.91.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a dividend of $0.3101 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend was Monday, June 2nd.

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.