Lazari Capital Management Inc. Makes New $247,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Lazari Capital Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,674 shares of the exchange traded fund’s stock, valued at approximately $247,000.

Several other hedge funds also recently made changes to their positions in IEF. B. Riley Wealth Advisors Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 5,381 shares of the exchange traded fund’s stock worth $504,000 after buying an additional 514 shares during the last quarter. HBW Advisory Services LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $204,000. LifeGuide Financial Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the third quarter. LifeGuide Financial Advisors LLC now owns 337,708 shares of the exchange traded fund’s stock worth $33,136,000 after buying an additional 19,478 shares during the last quarter. Prentice Wealth Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% during the third quarter. Prentice Wealth Management LLC now owns 8,326 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 351 shares during the last quarter. Finally, Schoolcraft Capital LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% during the third quarter. Schoolcraft Capital LLC now owns 324,344 shares of the exchange traded fund’s stock worth $31,825,000 after buying an additional 6,898 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of NASDAQ:IEF opened at $93.02 on Monday. The company has a market cap of $31.97 billion, a P/E 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 company has a 50-day moving average price of $93.11 and a 200 day moving average price of $95.15.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.