iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Lifted by Blue Trust Inc.

Blue Trust Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.0% in the fourth quarter, Holdings Channel reports. The fund owned 5,249,125 shares of the exchange traded fund’s stock after purchasing an additional 248,776 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 6.1% of Blue Trust Inc.’s portfolio, making the stock its 2nd biggest position. Blue Trust Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $515,044,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. CWM LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 109.5% during the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after acquiring an additional 70,696 shares during the period. Lake Hills Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after acquiring an additional 14,906 shares during the period. Axxcess Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after acquiring an additional 7,508 shares during the period. Stablepoint Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 34.3% during the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 5,916 shares during the period. Finally, Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

iShares 7-10 Year Treasury Bond ETF stock opened at $92.47 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a 50 day moving average of $93.17 and a two-hundred day moving average of $95.22. The stock has a market capitalization of $31.56 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.