Erickson Financial Group LLC Purchases 6,762 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Erickson Financial Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,702 shares of the exchange traded fund’s stock after acquiring an additional 6,762 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.4% of Erickson Financial Group LLC’s investment portfolio, making the stock its 13th biggest holding. Erickson Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,279,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEF. HUB Investment Partners LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares during the last quarter. Spirit of America Management Corp NY lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after purchasing an additional 105 shares during the last quarter. M3 Advisory Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 23.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 128 shares during the last quarter. Finally, Intergy Private Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 136 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $95.26 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.79 and a 12 month high of $98.04. The company has a market cap of $48.85 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50 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 business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be given a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend 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.