SageGuard Financial Group LLC Boosts Position in iShares 7-10 Year Treasury Bond ETF $IEF

SageGuard Financial Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,817.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,712 shares of the exchange traded fund’s stock after acquiring an additional 64,181 shares during the quarter. SageGuard Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,462,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.03 on Monday. The stock has a market cap of $48.47 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a fifty day simple moving average of $94.46 and a 200-day simple moving average of $95.54.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business 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. The ex-dividend date of this dividend 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) dividend on an annualized basis 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.