Trek Financial LLC Acquires New Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Trek Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, Holdings Channel reports. The firm acquired 25,675 shares of the exchange traded fund’s stock, valued at approximately $2,469,000.

Other hedge funds have also made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Balentine LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Asset Dedication LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.32 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $93.03 and a 12 month high of $98.04. The firm has a market capitalization of $48.11 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s 50 day simple moving average is $95.49 and its 200 day simple moving average is $96.20.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3125 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.