iShares 7-10 Year Treasury Bond ETF $IEF Stock Purchased by United Capital Management of KS Inc.

United Capital Management of KS Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 284,191 shares of the exchange traded fund’s stock after purchasing an additional 12,639 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 3.3% of United Capital Management of KS Inc.’s investment portfolio, making the stock its 6th biggest holding. United Capital Management of KS Inc. owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $25,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after buying an additional 9,414,689 shares in the last quarter. Royal Bank of Canada increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% during the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after buying an additional 2,421,315 shares during the period. AIA Group Ltd increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 110.5% during the third quarter. AIA Group Ltd now owns 2,842,849 shares of the exchange traded fund’s stock worth $253,895,000 after buying an additional 1,492,322 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $96,223,000. Finally, Eastern Bank raised its holdings in iShares 7-10 Year Treasury Bond ETF by 136.0% in the third quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock valued at $120,251,000 after acquiring an additional 775,994 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of NASDAQ:IEF opened at $91.80 on Tuesday. 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 firm’s 50 day moving average price is $90.71 and its 200 day moving average price is $93.75. The stock has a market cap of $44.60 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a $0.3115 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost 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.