Peavine Capital LLC Has $173.67 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Peavine Capital LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,806,011 shares of the exchange traded fund’s stock after selling 68,100 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 36.7% of Peavine Capital LLC’s holdings, making the stock its 2nd biggest holding. Peavine Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $173,666,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IEF. West Paces Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares in the last quarter. Cadence Wealth Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after buying an additional 23,819 shares in the last quarter. WestEnd Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 13.9% during the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after purchasing an additional 91,530 shares during the last quarter. Capital Investment Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $631,000. Finally, Arkos Global Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after acquiring an additional 21,893 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $95.26 on Monday. The company has a market cap of $48.85 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04. The stock’s fifty day moving average price is $96.17 and its 200-day moving average price is $96.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company 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 represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, April 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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.