Brighton Jones LLC Invests $1.07 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Brighton Jones LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,106 shares of the exchange traded fund’s stock, valued at approximately $1,071,000.

Several other hedge funds have also added to or reduced their stakes in the company. Bison Wealth LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after acquiring an additional 113,663 shares during the period. Comerica Bank boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 8.6% in the 1st quarter. Comerica Bank now owns 79,874 shares of the exchange traded fund’s stock valued at $7,618,000 after purchasing an additional 6,357 shares during the period. Quadcap Wealth Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 21.1% during the 1st quarter. Quadcap Wealth Management LLC now owns 7,606 shares of the exchange traded fund’s stock worth $725,000 after purchasing an additional 1,323 shares in the last quarter. CreativeOne Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 51.5% during the 1st quarter. CreativeOne Wealth LLC now owns 21,761 shares of the exchange traded fund’s stock worth $2,075,000 after purchasing an additional 7,393 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.4% during the first quarter. Transamerica Financial Advisors LLC now owns 79,239 shares of the exchange traded fund’s stock worth $7,558,000 after purchasing an additional 7,493 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

NASDAQ IEF opened at $96.28 on Thursday. The company has a market cap of $40.16 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day moving average of $96.84 and a 200-day moving average of $96.02. 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 Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, December 19th. This is a positive change 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.