Northstar Advisory Group LLC Invests $3.54 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Northstar Advisory Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 36,704 shares of the exchange traded fund’s stock, valued at approximately $3,540,000. iShares 7-10 Year Treasury Bond ETF accounts for 1.4% of Northstar Advisory Group LLC’s portfolio, making the stock its 23rd biggest holding.

Several other large investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after buying an additional 2,686,141 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after buying an additional 46,734 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock valued at $1,094,373,000 after buying an additional 434,320 shares during the last quarter. Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after purchasing an additional 495,772 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% during the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after purchasing an additional 359,889 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $96.09 on Tuesday. The company has a market cap of $45.98 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.08 and a 1 year high of $97.77. The stock’s 50-day moving average is $96.46 and its 200 day moving average is $96.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change 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.