iShares 7-10 Year Treasury Bond ETF $IEF Shares Newly Purchased by Principle Wealth Partners LLC

Principle Wealth Partners LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 419,986 shares of the exchange traded fund’s stock, valued at approximately $37,509,000. iShares 7-10 Year Treasury Bond ETF accounts for about 1.8% of Principle Wealth Partners LLC’s holdings, making the stock its 11th biggest holding. Principle Wealth Partners LLC owned about 0.09% of iShares 7-10 Year Treasury Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 423,017 shares of the exchange traded fund’s stock worth $37,780,000 after acquiring an additional 27,380 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 20.6% in the third quarter. Commonwealth Equity Services LLC now owns 360,985 shares of the exchange traded fund’s stock valued at $32,240,000 after acquiring an additional 61,584 shares during the last quarter. Arrien Investments Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $3,035,000. Chicago Partners Investment Group LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Chicago Partners Investment Group LLC now owns 126,064 shares of the exchange traded fund’s stock valued at $11,478,000 after purchasing an additional 3,643 shares in the last quarter. Finally, Focused Wealth Management Inc raised its position in iShares 7-10 Year Treasury Bond ETF by 4.6% during the third quarter. Focused Wealth Management Inc now owns 45,314 shares of the exchange traded fund’s stock valued at $4,047,000 after purchasing an additional 2,009 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $91.99 on Friday. The business has a fifty day moving average price of $90.76 and a two-hundred day moving average price of $93.79. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The stock has a market capitalization of $43.67 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a $0.3115 dividend. This represents a $3.74 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069.

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.