Financial Advocates Investment Management Has $1.21 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Financial Advocates Investment Management grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,091 shares of the exchange traded fund’s stock after buying an additional 3,086 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. PSI Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 20.0% during the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 109 shares during the last quarter. J. W. Coons Advisors LLC grew its stake in shares of 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 last quarter. Drive Wealth Management LLC increased its holdings in shares of 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 in the last quarter. Intergy Private Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 6.2% in the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 146 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock worth $5,097,000 after buying an additional 147 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $93.45 on Friday. The business’s fifty day moving average price is $93.02 and its two-hundred day moving average price is $95.11. The firm has a market capitalization of $32.19 billion, a price-to-earnings 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.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.