iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Dynamic Wealth Strategies LLC

Dynamic Wealth Strategies LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 112.7% in the second quarter, Holdings Channel reports. The firm owned 46,469 shares of the exchange traded fund’s stock after acquiring an additional 24,623 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 2.3% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 12th biggest position. Dynamic Wealth Strategies LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,395,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Legacy Wealth Partners LLC raised its position in 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 purchasing an additional 13,298 shares during the period. Merit Financial Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 415.4% in the fourth quarter. Merit Financial Group LLC now owns 11,417 shares of the exchange traded fund’s stock worth $1,098,000 after buying an additional 9,202 shares during the period. Jessup Wealth Management Inc boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the fourth quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after buying an additional 5,384 shares during the period. Innova Wealth Partners grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1,282.5% in the first quarter. Innova Wealth Partners now owns 68,159 shares of the exchange traded fund’s stock valued at $6,505,000 after buying an additional 63,229 shares in the last quarter. Finally, Arkos Global Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after buying an additional 29,597 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $93.30 on Friday. The business’s 50-day simple moving average is $93.71 and its 200 day simple moving average is $94.88. The company has a market cap of $47.34 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.69 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.