Corient Private Wealth LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Corient Private Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.3% during the 4th quarter, Holdings Channel reports. The firm owned 120,093 shares of the exchange traded fund’s stock after purchasing an additional 50,388 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,548,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. HUB Investment Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 1.1% in the 3rd quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after buying an additional 104 shares during the last quarter. Stephens Inc. AR increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after acquiring an additional 107 shares during the period. Fiduciary Alliance LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.4% during the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 110 shares during the last quarter. GC Wealth Management RIA LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock valued at $266,000 after acquiring an additional 113 shares in the last quarter. Finally, M3 Advisory Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 125 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.12 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The stock has a market cap of $48.01 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day simple moving average is $94.51 and its two-hundred day simple moving average is $95.58.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.