iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by ORG Wealth Partners LLC

ORG Wealth Partners LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,162.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 35,669 shares of the exchange traded fund’s stock after purchasing an additional 32,844 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.2% of ORG Wealth Partners LLC’s portfolio, making the stock its 9th biggest position. ORG Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,298,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. PSI Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the period. J. W. Coons Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock worth $1,299,000 after acquiring an additional 135 shares in the last quarter. Drive Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 144 shares in the last quarter. SignalPoint Asset Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 0.9% during the 3rd quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock valued at $1,531,000 after acquiring an additional 146 shares in the last quarter. Finally, Rakuten Securities Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares in 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

iShares 7-10 Year Treasury Bond ETF stock traded down $0.53 during midday trading on Friday, reaching $91.47. 3,013,325 shares of the company were exchanged, compared to its average volume of 4,415,196. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a market capitalization of $31.04 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s 50-day simple moving average is $93.52 and its 200-day simple moving average is $95.33.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.03%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.