Rothschild Wealth LLC Boosts Position in iShares 7-10 Year Treasury Bond ETF $IEF

Rothschild Wealth LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,880 shares of the exchange traded fund’s stock after purchasing an additional 18,166 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.2% of Rothschild Wealth LLC’s portfolio, making the stock its 20th biggest position. Rothschild Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $25,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Balentine LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Finally, Cornerstone Planning Group LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 222 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.65 on Monday. The stock has a market cap of $48.28 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average is $94.88 and its 200 day moving average is $95.93. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3125 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, May 1st.

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.