Silverleafe Capital Partners LLC Buys 672 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Silverleafe Capital Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.6% in the first quarter, HoldingsChannel reports. The fund owned 26,498 shares of the exchange traded fund’s stock after purchasing an additional 672 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 0.9% of Silverleafe Capital Partners LLC’s portfolio, making the stock its 28th biggest position. Silverleafe Capital Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of IEF. Van ECK Associates Corp raised its position in iShares 7-10 Year Treasury Bond ETF by 92.9% during the 4th quarter. Van ECK Associates Corp now owns 706 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 340 shares during the last quarter. Vontobel Holding Ltd. raised its position in iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 301 shares during the last quarter. Montag A & Associates Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $1,227,000. Finally, Valmark Advisers Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 22.8% during the 4th quarter. Valmark Advisers Inc. now owns 3,336 shares of the exchange traded fund’s stock valued at $308,000 after purchasing an additional 620 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $94.54 on Thursday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $99.18. The business has a 50 day simple moving average of $94.30 and a two-hundred day simple moving average of $93.90. The firm has a market capitalization of $34.22 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.3101 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.94%.

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.