iShares 7-10 Year Treasury Bond ETF $IEF Position Increased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.9% in the third quarter, HoldingsChannel.com reports. The fund owned 423,017 shares of the exchange traded fund’s stock after purchasing an additional 27,380 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $37,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Windsor Advisory Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $27,000. Compass Financial Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $29,000. Strive Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares during the last quarter. West Branch Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% during the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 133 shares during the last quarter. Finally, Navigoe LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $33,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF traded down $0.11 during trading hours on Friday, reaching $91.86. The company’s stock had a trading volume of 8,613,787 shares, compared to its average volume of 9,172,454. The company’s 50-day moving average is $90.73 and its 200-day moving average is $93.77. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The firm has a market cap of $44.63 billion, a PE ratio of -22.00 and a beta of 0.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.3115 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, November 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. 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.