Elevation Point Wealth Partners LLC Buys 80,178 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Elevation Point Wealth Partners LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 613.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 93,249 shares of the exchange traded fund’s stock after buying an additional 80,178 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,900,000 as of its most recent SEC filing.

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

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

NASDAQ IEF opened at $94.12 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The firm has a market capitalization of $46.88 billion, a P/E ratio of -22.00 and a beta of 0.26. The company has a 50-day moving average price of $94.37 and a 200-day moving average price of $95.49.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be given a dividend of $0.3111 per share. The ex-dividend date is Wednesday, July 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.