iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Prudent Investors Network Inc.

Prudent Investors Network Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 279,608 shares of the exchange traded fund’s stock after buying an additional 20,748 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 7.6% of Prudent Investors Network Inc.’s holdings, making the stock its 4th largest position. Prudent Investors Network Inc. owned about 0.08% of iShares 7-10 Year Treasury Bond ETF worth $25,850,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IEF. PSI Advisors LLC grew its holdings in 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 buying an additional 109 shares during the period. J. W. Coons Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% in the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after buying an additional 135 shares during the period. Drive Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after buying an additional 144 shares during the period. SignalPoint Asset Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.9% in the 3rd quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock valued at $1,531,000 after buying an additional 146 shares during the period. Finally, Intergy Private Wealth LLC grew its holdings 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 valued at $231,000 after buying an additional 146 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $93.02 on Monday. The stock has a market capitalization of $31.97 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50-day moving average of $93.11 and a two-hundred day moving average of $95.15. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.97%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.