iShares 7-10 Year Treasury Bond ETF $IEF is TPG Financial Advisors LLC’s Largest Position

TPG Financial Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 260,866 shares of the exchange traded fund’s stock after buying an additional 38,219 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 8.4% of TPG Financial Advisors LLC’s portfolio, making the stock its biggest position. TPG Financial Advisors LLC owned 0.05% of iShares 7-10 Year Treasury Bond ETF worth $25,085,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in IEF. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $27,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $29,000. Finally, Balentine LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $29,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $93.11 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The company has a market cap of $47.50 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50-day simple moving average is $95.19 and its 200-day simple moving average is $96.07.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis 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.