Flagstar Advisors Inc. Acquires 384 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Flagstar Advisors Inc. increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,688 shares of the exchange traded fund’s stock after buying an additional 384 shares during the period. Flagstar Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $896,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Joel Adams & Associates Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $346,000. Global Retirement Partners LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% during the 4th quarter. Global Retirement Partners LLC now owns 58,895 shares of the exchange traded fund’s stock worth $5,445,000 after acquiring an additional 1,812 shares during the last quarter. 3EDGE Asset Management LP boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the 4th quarter. 3EDGE Asset Management LP now owns 915,455 shares of the exchange traded fund’s stock worth $84,634,000 after purchasing an additional 44,201 shares in the last quarter. Beirne Wealth Consulting Services LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 0.4% during the fourth quarter. Beirne Wealth Consulting Services LLC now owns 80,295 shares of the exchange traded fund’s stock valued at $7,425,000 after acquiring an additional 334 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 110.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 7,817 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 4,106 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $92.82 on Wednesday. The firm has a market cap of $31.98 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The business has a 50 day moving average price of $92.72 and a 200-day moving average price of $95.00.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.