Advisory Services Network LLC Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Advisory Services Network LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 76.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,702 shares of the exchange traded fund’s stock after purchasing an additional 40,281 shares during the period. Advisory Services Network LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,797,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IEF. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $37,000. WFA of San Diego LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $40,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $48,000. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $52,000. Finally, Western Pacific Wealth Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $54,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $96.19 on Monday. The company has a market capitalization of $40.12 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a fifty day moving average price of $96.89 and a two-hundred day moving average price of $95.90. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.