Chicago Partners Investment Group LLC Acquires 1,476 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Chicago Partners Investment Group LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 83,470 shares of the exchange traded fund’s stock after acquiring an additional 1,476 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,679,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IEF. CWM LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after acquiring an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 27.6% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after buying an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after buying an additional 7,508 shares in the last quarter. Stablepoint Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 34.3% during the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after buying an additional 5,916 shares during the last quarter. Finally, Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $93.02 on Friday. The business’s 50-day simple moving average is $93.11 and its 200 day simple moving average is $95.15. The firm has a market capitalization of $31.90 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This represents a $3.69 annualized dividend and a dividend yield of 3.97%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.