iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Raised by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 358,228 shares of the exchange traded fund’s stock after purchasing an additional 20,520 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 14.2% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. LifeGuide Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $33,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEF. Finley Financial LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $97,000. Traphagen Investment Advisors LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 50.5% in the 4th quarter. Traphagen Investment Advisors LLC now owns 5,912 shares of the exchange traded fund’s stock valued at $547,000 after acquiring an additional 1,983 shares during the last quarter. White Pine Investment CO increased its holdings in iShares 7-10 Year Treasury Bond ETF by 13.4% during the 4th quarter. White Pine Investment CO now owns 51,402 shares of the exchange traded fund’s stock valued at $4,752,000 after acquiring an additional 6,075 shares in the last quarter. Atomi Financial Group Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock worth $5,097,000 after acquiring an additional 147 shares during the last quarter. Finally, Kiley Juergens Wealth Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $1,217,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.76 on Wednesday. The business has a 50 day moving average price of $93.23 and a 200 day moving average price of $95.26. The company has a market capitalization of $31.66 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.98%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.