iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Boosted by Financial & Tax Architects LLC

Financial & Tax Architects LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,230 shares of the exchange traded fund’s stock after purchasing an additional 9,060 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 4.6% of Financial & Tax Architects LLC’s holdings, making the stock its 3rd largest holding. Financial & Tax Architects LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in IEF. Premier Path Wealth Partners LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the fourth quarter. Premier Path Wealth Partners LLC now owns 81,083 shares of the exchange traded fund’s stock worth $7,496,000 after acquiring an additional 3,514 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 26.3% in the fourth quarter. Arkadios Wealth Advisors now owns 11,433 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 2,384 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 567,910 shares of the exchange traded fund’s stock worth $52,503,000 after purchasing an additional 47,306 shares during the last quarter. Wealthcare Capital Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% in the fourth quarter. Wealthcare Capital Management LLC now owns 1,937,596 shares of the exchange traded fund’s stock worth $179,131,000 after purchasing an additional 97,747 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $279,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock traded up $0.07 during trading on Friday, hitting $92.45. 3,910,283 shares of the company traded hands, compared to its average volume of 5,518,167. The stock’s 50-day simple moving average is $93.26 and its 200 day simple moving average is $95.24. The company has a market cap of $31.50 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.