iShares 7-10 Year Treasury Bond ETF $IEF Stake Lifted by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2,754.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 707,015 shares of the exchange traded fund’s stock after purchasing an additional 682,247 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 4.6% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 6th biggest holding. Armstrong Advisory Group Inc. owned approximately 0.15% of iShares 7-10 Year Treasury Bond ETF worth $67,987,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. West Paces Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after acquiring an additional 21,060 shares during the last quarter. Cadence Wealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 19.4% during the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after purchasing an additional 23,819 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $631,000. WestEnd Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% during the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after purchasing an additional 91,530 shares during the period. Finally, Arkos Global Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% during the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after purchasing an additional 21,893 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $94.88 on Friday. The company’s 50-day moving average is $96.36 and its two-hundred day moving average is $96.59. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04. The firm has a market capitalization of $46.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.