Evolution Wealth Advisors LLC Takes $386,000 Position in iShares 7-10 Year Treasury Bond ETF $IEF

Evolution Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,031 shares of the exchange traded fund’s stock, valued at approximately $386,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FDx Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock worth $225,000 after buying an additional 107 shares during the period. SouthState Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% in the 2nd quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares in the last quarter. Asset Management Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 123 shares in the last quarter. Joel Adams & Associates Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the period. Finally, Global Trust Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 10.7% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 125 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $96.60 on Friday. The business’s 50-day moving average is $96.85 and its 200-day moving average is $95.51. The company has a market capitalization of $40.29 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.3038 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.