Silverleafe Capital Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 177,759 shares of the exchange traded fund’s stock, valued at approximately $15,876,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 4.5% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 6th largest holding.
Several other hedge funds have also added to or reduced their stakes in IEF. Legacy Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in the first quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after buying an additional 13,298 shares during the period. Jessup Wealth Management Inc increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% during the 4th quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after acquiring an additional 5,384 shares during the period. Arkos Global Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 4th quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after acquiring an additional 29,597 shares in the last quarter. White Pine Investment CO raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.7% in the 1st quarter. White Pine Investment CO now owns 78,323 shares of the exchange traded fund’s stock valued at $7,475,000 after acquiring an additional 7,570 shares in the last quarter. Finally, Resonant Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $1,868,000. 81.48% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting iShares 7-10 Year Treasury Bond ETF
Here are the key news stories impacting iShares 7-10 Year Treasury Bond ETF this week:
- Positive Sentiment: A weaker-than-expected September jobs report showed cooler hiring and a higher unemployment rate, increasing expectations that the Federal Reserve can remain patient or potentially ease policy. The resulting Treasury rally is supportive for IEF’s bond prices. September Jobs Report: Payrolls Cool, Unemployment Rises – The Fed Can Wait
- Positive Sentiment: Analysts are refocusing on duration strategies after Treasury yields retreated from recent highs. Intermediate-duration funds such as IEF could benefit if the decline in yields continues, although they remain more volatile than ultra-short bond ETFs. Navigating Fixed Income Duration as Treasury Yields Retreat
- Positive Sentiment: Portfolio strategists continue to recommend Treasury ETFs as a source of stability and ballast for investors with large equity allocations, supporting the long-term demand case for IEF. A $1.2 Million Portfolio With No Bonds in It? These 3 ETFs Add Ballast Without Ending the Growth
- Neutral Sentiment: IEF went ex-dividend on October 1, with a scheduled distribution of $0.3069 per share payable October 6. The automatic price adjustment associated with the distribution can temporarily affect trading, while the 7.6% year-over-year payout decline may reduce its appeal to income-focused investors. iShares 7-10 Year Treasury Bond ETF To Go Ex-Dividend on October 1st
- Negative Sentiment: A broader global bond selloff, persistent inflation concerns and elevated oil-related costs have pushed borrowing costs higher, creating valuation pressure for IEF despite the recent pullback in U.S. yields. The Bond Rout Is Deepening Even as Oil Tankers Return to the Strait of Hormuz
iShares 7-10 Year Treasury Bond ETF Stock Down 0.3%
iShares 7-10 Year Treasury Bond ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be given a dividend of $0.3069 per share. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, October 1st.
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.
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