iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Raised by Goodman Advisory Group LLC

Goodman Advisory Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,453 shares of the exchange traded fund’s stock after acquiring an additional 6,760 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 2.4% of Goodman Advisory Group LLC’s portfolio, making the stock its 12th largest holding. Goodman Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,948,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Elevated Capital Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $25,000. Balentine LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Finally, Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $31,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

IEF opened at $93.69 on Thursday. The firm has a market cap of $47.79 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $94.69 and a 200-day simple moving average of $95.77. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3172 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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. 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.