iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Arvest Investments Inc.

Arvest Investments Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 158,986 shares of the exchange traded fund’s stock after purchasing an additional 40,679 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.1% of Arvest Investments Inc.’s portfolio, making the stock its 12th largest holding. Arvest Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,288,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IEF. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $27,000. Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 222 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $95.26 on Friday. The firm has a 50 day moving average price of $96.17 and a 200 day moving average price of $96.47. The company has a market cap of $48.61 billion, a PE 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.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared 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 is a boost 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. This represents a c) annualized dividend and a yield of 4.0%.

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.