Stablepoint Partners LLC Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Stablepoint Partners LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,587 shares of the exchange traded fund’s stock after buying an additional 9,613 shares during the period. Stablepoint Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,590,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IEF. Bison Wealth LLC raised its position in 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 purchasing an additional 113,663 shares in the last quarter. Global Trust Asset Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 125 shares in the last quarter. Capital Insight Partners LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $5,929,000. Sound Income Strategies LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1,755.4% in the second quarter. Sound Income Strategies LLC now owns 2,412 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 2,282 shares during the last quarter. Finally, GC Wealth Management RIA LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $252,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

Shares of IEF opened at $96.09 on Tuesday. The firm has a market capitalization of $45.98 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s fifty day simple moving average is $96.46 and its 200-day simple moving average is $96.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.08 and a twelve month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.3127 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.