TRU Independence Asset Management 2 LLC Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TRU Independence Asset Management 2 LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,437 shares of the exchange traded fund’s stock after buying an additional 447 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.7% of TRU Independence Asset Management 2 LLC’s portfolio, making the stock its 10th largest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. CWM LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% in the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after purchasing an additional 70,696 shares during the period. Lake Hills Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after purchasing an additional 14,906 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after buying an additional 7,508 shares in the last quarter. Stablepoint Partners LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 34.3% during the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after buying an additional 5,916 shares during the period. Finally, Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.07 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The company has a market capitalization of $31.76 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company’s 50-day simple moving average is $93.17 and its two-hundred day simple moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. This represents a $3.69 annualized dividend and a yield of 3.96%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th.

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.