iShares 7-10 Year Treasury Bond ETF $IEF Holdings Increased by Avalon Advisory Group

Avalon Advisory Group increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 925,015 shares of the exchange traded fund’s stock after acquiring an additional 36,996 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 35.6% of Avalon Advisory Group’s holdings, making the stock its 2nd largest position. Avalon Advisory Group’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $88,283,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Asset Dedication LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $95.03 on Monday. The firm has a fifty day moving average price of $94.46 and a 200 day moving average price of $95.54. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The stock has a market cap of $48.47 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.3172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is an increase 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.