iShares 7-10 Year Treasury Bond ETF $IEF is Leo Wealth LLC’s 6th Largest Position

Leo Wealth LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 161.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 417,952 shares of the exchange traded fund’s stock after purchasing an additional 258,203 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 2.9% of Leo Wealth LLC’s portfolio, making the stock its 6th largest position. Leo Wealth LLC owned approximately 0.09% of iShares 7-10 Year Treasury Bond ETF worth $40,200,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. HUB Investment Partners LLC raised its stake 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 worth $911,000 after purchasing an additional 104 shares during the last quarter. Spirit of America Management Corp NY boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.7% in the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 105 shares during the last quarter. M3 Advisory Group LLC increased 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 worth $594,000 after buying an additional 125 shares during the period. Hantz Financial Services Inc. increased 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 worth $65,000 after buying an additional 128 shares during the period. Finally, Intergy Private Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 136 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock 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 50 day simple moving average of $96.17 and a two-hundred day simple moving average of $96.46. The stock has a market cap of $48.85 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.3172 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. 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.

iShares 7-10 Year Treasury Bond ETF Company 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.