Centerline Wealth Advisors LLC Takes $2.64 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Centerline Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 27,869 shares of the exchange traded fund’s stock, valued at approximately $2,636,000.

Several other hedge funds also recently made changes to their positions in IEF. Stephens Inc. AR boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after buying an additional 107 shares in the last quarter. Van ECK Associates Corp grew its position in iShares 7-10 Year Treasury Bond ETF by 12.5% in the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 113 shares during the last quarter. KPP Advisory Services LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 138 shares in the last quarter. Dogwood Wealth Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% in the second quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $176,000 after buying an additional 144 shares in the last quarter. Finally, Balboa Wealth Partners lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $92.16 on Wednesday. The company has a market capitalization of $46.76 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average of $93.17 and a 200-day moving average of $94.44. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.04 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.332 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 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.