Dynasty Wealth Management LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Dynasty Wealth Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 134.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 68,805 shares of the exchange traded fund’s stock after acquiring an additional 39,404 shares during the period. Dynasty Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,616,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Asset Dedication LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Balentine LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.17 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The stock has a 50 day simple moving average of $94.85 and a two-hundred day simple moving average of $95.91. The firm has a market cap of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be paid a $0.3172 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.