30,812 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Bought by TOP Private Wealth LLC.

TOP Private Wealth LLC. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 30,812 shares of the exchange traded fund’s stock, valued at approximately $2,914,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.8% of TOP Private Wealth LLC.’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Strive Financial Group LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 256 shares in the last quarter. Rogco LP grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 300.0% in the 2nd quarter. Rogco LP now owns 376 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 282 shares during the last quarter. Syntax Research Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 59.4% during the 2nd quarter. Syntax Research Inc. now owns 141,033 shares of the exchange traded fund’s stock worth $13,337,000 after acquiring an additional 52,553 shares in the last quarter. Premier Path Wealth Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 7.7% during the second quarter. Premier Path Wealth Partners LLC now owns 123,390 shares of the exchange traded fund’s stock valued at $11,669,000 after acquiring an additional 8,834 shares during the last quarter. Finally, Kickstand Ventures LLC. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $1,124,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0%

NASDAQ IEF opened at $92.25 on Friday. The firm’s fifty day simple moving average is $93.27 and its two-hundred day simple moving average is $94.53. The firm has a market capitalization of $46.81 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.04 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.332 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.3%.

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.