Ballentine Partners LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ballentine Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,128 shares of the exchange traded fund’s stock, valued at approximately $659,000.

Several other hedge funds have also recently made changes to their positions in the company. PSI Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% in the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 109 shares during the last quarter. J. W. Coons Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after purchasing an additional 135 shares during the period. Drive Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 144 shares during the last quarter. SignalPoint Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 0.9% during the 3rd quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock worth $1,531,000 after purchasing an additional 146 shares during the period. Finally, Rakuten Securities Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 153 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of IEF stock opened at $92.52 on Thursday. The stock has a market cap of $31.58 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The business has a 50-day simple moving average of $93.22 and a 200-day simple moving average of $95.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%.

iShares 7-10 Year Treasury Bond ETF Company 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.