Edgestream Partners L.P. Purchases New Shares in iShares 7-10 Year Treasury Bond ETF $IEF

Edgestream Partners L.P. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,287 shares of the exchange traded fund’s stock, valued at approximately $1,464,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Barings LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% during the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock valued at $61,575,000 after buying an additional 13,550 shares during the last quarter. WBH Advisory Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 73.9% in the second quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 7,854 shares during the last quarter. Joel Adams & Associates Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3.1% in the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 123 shares in the last quarter. Advyzon Investment Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $498,000. Finally, Aspect Partners LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 9,256.8% during the 2nd quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after acquiring an additional 20,365 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $96.47 on Friday. The company has a 50-day moving average of $96.91 and a 200-day moving average of $95.78. The company has a market capitalization of $40.24 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.2884 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, December 1st.

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.