iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Prairie Advisory LLC

Prairie Advisory LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 89.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,160 shares of the exchange traded fund’s stock after purchasing an additional 8,126 shares during the period. Prairie Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,533,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Windsor Advisory Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $27,000. Compass Financial Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $29,000. Strive Financial Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 256 shares in the last quarter. Navigoe LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $33,000. Finally, Cape Investment Advisory Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $34,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF traded down $0.38 during mid-day trading on Monday, reaching $90.05. 4,535,721 shares of the company’s stock traded hands, compared to its average volume of 8,800,482. The stock has a market cap of $41.43 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a 50-day simple moving average of $91.29 and a 200 day simple moving average of $93.23. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3069 dividend. The ex-dividend date was Thursday, October 1st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.