NorthRock Partners LLC Buys 138,149 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

NorthRock Partners LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 662,231 shares of the exchange traded fund’s stock after acquiring an additional 138,149 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 0.9% of NorthRock Partners LLC’s investment portfolio, making the stock its 25th largest position. NorthRock Partners LLC owned approximately 0.13% of iShares 7-10 Year Treasury Bond ETF worth $62,627,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 2.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 132,696 shares of the exchange traded fund’s stock valued at $12,549,000 after purchasing an additional 3,107 shares during the period. RFG Advisory LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 343.5% during the second quarter. RFG Advisory LLC now owns 71,332 shares of the exchange traded fund’s stock worth $6,746,000 after buying an additional 55,249 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% in the second quarter. NewEdge Advisors LLC now owns 382,730 shares of the exchange traded fund’s stock valued at $36,195,000 after buying an additional 13,653 shares during the period. IFP Advisors Inc grew its holdings in iShares 7-10 Year Treasury Bond ETF by 31.9% during the 2nd quarter. IFP Advisors Inc now owns 467,027 shares of the exchange traded fund’s stock worth $44,167,000 after acquiring an additional 112,935 shares during the period. Finally, Centerline Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $2,636,000. Institutional investors own 81.48% of the company’s stock.

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

NASDAQ:IEF opened at $92.16 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.04 and a 12-month high of $98.04. The stock’s fifty day simple moving average is $93.17 and its 200-day simple moving average is $94.44. The firm has a market capitalization of $46.76 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.