NewEdge Advisors LLC Purchases 13,653 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

NewEdge Advisors LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 382,730 shares of the exchange traded fund’s stock after purchasing an additional 13,653 shares during the period. NewEdge Advisors LLC owned about 0.08% of iShares 7-10 Year Treasury Bond ETF worth $36,195,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Windsor Advisory Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Strive Financial Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 256 shares during the last quarter. Compass Financial Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $29,000. Finally, 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. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $91.89 on Thursday. The company’s fifty day simple moving average is $93.13 and its 200-day simple moving average is $94.40. The stock has a market capitalization of $46.62 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.78 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.332 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.