Stratos Wealth Partners LTD. Has $9.31 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Stratos Wealth Partners LTD. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 906.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,768 shares of the exchange traded fund’s stock after purchasing an additional 87,151 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,305,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $27,000. Asset Dedication LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Balentine LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $95.26 on Friday. The firm has a market capitalization of $48.85 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day simple moving average of $96.17 and a 200-day simple moving average of $96.47. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.3172 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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. 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.