Arete Wealth Advisors LLC Buys 977 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Arete Wealth Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 198,084 shares of the exchange traded fund’s stock after purchasing an additional 977 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.3% of Arete Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Arete Wealth Advisors LLC owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $18,316,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. SevenBridge Financial Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the fourth quarter. SevenBridge Financial Group LLC now owns 33,786 shares of the exchange traded fund’s stock worth $3,138,000 after acquiring an additional 892 shares during the period. OneAscent Financial Services LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $453,000. DKM Wealth Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $484,000. Private Portfolio Partners LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% during the fourth quarter. Private Portfolio Partners LLC now owns 192,984 shares of the exchange traded fund’s stock valued at $17,841,000 after buying an additional 3,197 shares during the last quarter. Finally, Discovery Capital Management LLC CT lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.9% in the fourth quarter. Discovery Capital Management LLC CT now owns 13,518 shares of the exchange traded fund’s stock worth $1,250,000 after buying an additional 1,331 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF stock opened at $95.31 on Thursday. The company’s fifty day simple moving average is $94.02 and its two-hundred day simple moving average is $94.35. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The stock has a market cap of $34.73 billion, a P/E ratio of -22.19 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be paid a $0.3037 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.82%.

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.