Arwa LLC Invests $1.07 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Arwa LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 11,173 shares of the exchange traded fund’s stock, valued at approximately $1,074,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Arkos Global Advisors boosted its position 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 buying an additional 21,893 shares during the period. Center For Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $954,000. Acropolis Investment Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 121.3% during the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after buying an additional 39,014 shares during the period. ABLE Financial Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 30.7% in the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock worth $2,150,000 after acquiring an additional 5,255 shares in the last quarter. Finally, Greenleaf Trust lifted its stake in iShares 7-10 Year Treasury Bond ETF by 250.0% in the 4th quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock worth $73,999,000 after acquiring an additional 549,696 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $94.36 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The business has a 50-day moving average price of $94.56 and a two-hundred day moving average price of $95.62. The firm has a market capitalization of $48.13 billion, a PE 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 given a $0.3172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.