Premier Path Wealth Partners LLC Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Premier Path Wealth Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 114,556 shares of the exchange traded fund’s stock after purchasing an additional 19,950 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.4% of Premier Path Wealth Partners LLC’s investment portfolio, making the stock its 9th largest position. Premier Path Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,933,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IEF. Bison Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after acquiring an additional 113,663 shares during the period. StoneX Group Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $213,000. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after purchasing an additional 616,905 shares during the period. Ausdal Financial Partners Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 7.7% in the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after purchasing an additional 913 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.57 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The stock has a market capitalization of $48.24 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock has a 50-day simple moving average of $94.43 and a 200 day simple moving average of $95.52.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders 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 a positive change 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 dividend 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.