2,443 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Root Financial Partners LLC

Root Financial Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,443 shares of the exchange traded fund’s stock, valued at approximately $226,000.

Several other hedge funds have also modified their holdings of the stock. PSI Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 109 shares in the last quarter. J. W. Coons Advisors LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after acquiring an additional 135 shares in the last quarter. Savant Capital LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 3.2% during the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after acquiring an additional 139 shares in the last quarter. Drive Wealth Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 144 shares during the period. Finally, Intergy Private Wealth LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% in the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 146 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $93.32 on Friday. The stock has a market cap of $32.15 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm has a 50 day simple moving average of $92.75 and a 200 day simple moving average of $95.03. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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.