14,212 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Bought by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 14,212 shares of the exchange traded fund’s stock, valued at approximately $1,371,000.

Other large investors also recently modified their holdings of the company. West Paces Advisors Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares during the last quarter. Capital Investment Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $631,000. WestEnd Advisors LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% during the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after buying an additional 91,530 shares during the last quarter. Barings LLC grew its stake in 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 worth $61,575,000 after buying an additional 13,550 shares during the last quarter. Finally, Forefront Wealth Partners LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $2,125,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $95.95 on Friday. The firm has a fifty day moving average of $96.47 and a 200-day moving average of $96.23. The company has a market cap of $45.96 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.08 and a 1 year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend 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 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.