Cabana LLC Invests $1.34 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Cabana LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,975 shares of the exchange traded fund’s stock, valued at approximately $1,344,000. iShares 7-10 Year Treasury Bond ETF comprises about 10.1% of Cabana LLC’s holdings, making the stock its 5th biggest holding.

Other institutional investors have also modified their holdings of the company. West Paces Advisors Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after buying an additional 21,060 shares during the last quarter. Cadence Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 19.4% in the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after purchasing an additional 23,819 shares during the last quarter. WestEnd Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 13.9% in the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after purchasing an additional 91,530 shares during the last quarter. Capital Investment Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $631,000. Finally, Arkos Global Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 4.0% in the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after purchasing an additional 21,893 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $95.37 on Friday. The company has a fifty day moving average price of $96.02 and a 200 day moving average price of $96.37. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $93.03 and a 12 month high of $98.04. The company has a market cap of $48.47 billion, a price-to-earnings ratio of -22.00 and a beta of 0.28.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a $0.3172 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.