Etesian Wealth Advisors Inc. Grows Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Etesian Wealth Advisors Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 115.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 18,993 shares of the exchange traded fund’s stock after buying an additional 10,195 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,826,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IEF. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after buying an additional 47,170,533 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after buying an additional 3,291,267 shares during the period. Armstrong Advisory Group Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock worth $67,987,000 after buying an additional 682,247 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in 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 worth $60,244,000 after buying an additional 616,905 shares during the period. Finally, AlphaQuest LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 149.7% in the 4th quarter. AlphaQuest LLC now owns 1,009,045 shares of the exchange traded fund’s stock worth $97,030,000 after buying an additional 605,008 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.12 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The stock has a 50 day simple moving average of $94.80 and a two-hundred day simple moving average of $95.85. The stock has a market cap of $48.01 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

About iShares 7-10 Year Treasury Bond ETF

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.