Brookstone Capital Management Grows Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Brookstone Capital Management increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 87.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,090 shares of the exchange traded fund’s stock after purchasing an additional 54,153 shares during the period. Brookstone Capital Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,080,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IEF. Capstone Wealth Management Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $4,591,000. CPR Investments Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 208.2% in the 1st quarter. CPR Investments Inc. now owns 35,154 shares of the exchange traded fund’s stock valued at $3,355,000 after acquiring an additional 23,748 shares during the period. Center For Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 31.9% in the 1st quarter. Center For Asset Management LLC now owns 13,079 shares of the exchange traded fund’s stock valued at $1,248,000 after acquiring an additional 3,161 shares during the period. CWC Advisors LLC. raised its stake in iShares 7-10 Year Treasury Bond ETF by 20.4% during the 1st quarter. CWC Advisors LLC. now owns 5,220 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 885 shares during the last quarter. Finally, Balboa Wealth Partners raised its stake in iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 145 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

iShares 7-10 Year Treasury Bond ETF stock opened at $94.00 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a 50 day moving average of $94.53 and a two-hundred day moving average of $95.60. The stock has a market capitalization of $47.95 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3172 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st.

About iShares 7-10 Year Treasury Bond ETF

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.