9,468 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,468 shares of the exchange traded fund’s stock, valued at approximately $910,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEF. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Asset Dedication LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Finally, Cornerstone Planning Group LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 222 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

Shares of IEF opened at $95.26 on Monday. The stock has a market capitalization of $48.85 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 $92.79 and a 1 year high of $98.04. The company’s fifty day moving average is $96.17 and its two-hundred day moving average is $96.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date is Wednesday, April 1st.

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.