Edgestream Partners L.P. Makes New $1.46 Million Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Edgestream Partners L.P. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 2nd quarter, HoldingsChannel reports. The fund bought 15,287 shares of the exchange traded fund’s stock, valued at approximately $1,464,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $48,000. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $52,000. Western Pacific Wealth Management LP acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $54,000. Cedar Wealth Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $57,000. Finally, Harbor Capital Advisors Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 141.4% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 410 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2%

Shares of NASDAQ IEF opened at $96.47 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77. The company has a market cap of $40.24 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day simple moving average is $96.91 and its 200 day simple moving average is $95.78.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a $0.2884 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, December 1st.

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.