Faithward Advisors LLC Has $1.35 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Faithward Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,621 shares of the exchange traded fund’s stock after acquiring an additional 403 shares during the quarter. Faithward Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,352,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% in the fourth quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 139 shares during the period. Intergy Private Wealth LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 146 shares during the period. Atomi Financial Group Inc. raised its stake 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 buying an additional 147 shares during the last quarter. Insigneo Advisory Services LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.1% in the third quarter. Insigneo Advisory Services LLC now owns 3,194 shares of the exchange traded fund’s stock valued at $313,000 after buying an additional 156 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Westside Investment Management Inc. now owns 4,375 shares of the exchange traded fund’s stock worth $429,000 after acquiring an additional 157 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $95.41 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The business’s 50-day moving average is $94.23 and its 200-day moving average is $94.26. The company has a market capitalization of $35.24 billion, a price-to-earnings ratio of -22.63 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.3037 per share. This represents a $3.64 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend was Tuesday, April 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.