iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Miller Financial Services LLC

Miller Financial Services LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,417 shares of the exchange traded fund’s stock after purchasing an additional 6,798 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 5.4% of Miller Financial Services LLC’s portfolio, making the stock its biggest holding. Miller Financial Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,560,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $31,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.7%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.34 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The business has a fifty day simple moving average of $94.67 and a 200 day simple moving average of $95.75. The stock has a market cap of $48.12 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. 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.

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. 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.