Belpointe Asset Management LLC Buys 10,481 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Belpointe Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,711 shares of the exchange traded fund’s stock after buying an additional 10,481 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,819,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Elevated Capital Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $25,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $27,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Finally, Balentine LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.93 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04. The company has a market cap of $48.84 billion, a P/E ratio of -22.00 and a beta of 0.28. The business has a fifty day simple moving average of $96.09 and a 200 day simple moving average of $96.39.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.3172 per share. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

iShares 7-10 Year Treasury Bond ETF 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.