TFB Advisors LLC Has $551,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

TFB Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 92.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,756 shares of the exchange traded fund’s stock after acquiring an additional 2,765 shares during the period. TFB Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $551,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEF. Wayfinding Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $35,000. Morton Brown Family Wealth LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $42,000. Western Pacific Wealth Management LP acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $54,000. LRI Investments LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $64,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 410 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 IEF opened at $97.72 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The business’s fifty day moving average is $96.48 and its 200-day moving average is $95.26. The firm has a market cap of $39.24 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.