Commonwealth Equity Services LLC Buys 59,162 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Commonwealth Equity Services LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 629,570 shares of the exchange traded fund’s stock after acquiring an additional 59,162 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.16% of iShares 7-10 Year Treasury Bond ETF worth $60,728,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IEF. Bison Wealth LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after purchasing an additional 113,663 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the 1st quarter. Advisors Asset Management Inc. now owns 8,117 shares of the exchange traded fund’s stock valued at $774,000 after buying an additional 786 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 70.3% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 14,174 shares of the exchange traded fund’s stock valued at $1,352,000 after buying an additional 5,852 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $437,000. Finally, Ascent Group LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 40.4% in the 1st quarter. Ascent Group LLC now owns 15,584 shares of the exchange traded fund’s stock worth $1,486,000 after acquiring an additional 4,484 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $96.30 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The firm has a 50-day moving average of $96.62 and a 200 day moving average of $96.16. The stock has a market cap of $45.53 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3127 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. 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.

About iShares 7-10 Year Treasury Bond ETF

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.