Forefront Wealth Partners LLC Acquires New Position in iShares 7-10 Year Treasury Bond ETF $IEF

Forefront Wealth Partners LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 22,027 shares of the exchange traded fund’s stock, valued at approximately $2,125,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after acquiring an additional 2,686,141 shares during the period. Jones Financial Companies Lllp increased its stake in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after purchasing an additional 1,853,812 shares in the last quarter. Peavine Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $160,837,000. The Manufacturers Life Insurance Company boosted its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after purchasing an additional 616,905 shares in the last quarter. Finally, Summit Financial Consulting LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 9,052.5% during the second quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock worth $53,109,000 after purchasing an additional 548,491 shares in 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 Down 0.1%

Shares of IEF stock opened at $96.48 on Wednesday. The stock has a market cap 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 fifty-two week low of $91.08 and a fifty-two week high of $97.77. The business has a fifty day simple moving average of $96.75 and a 200-day simple moving average of $96.09.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3127 per share. The ex-dividend date was Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 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.