iShares 7-10 Year Treasury Bond ETF $IEF is Greenwood Gearhart Inc.’s 6th Largest Position

Greenwood Gearhart Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 729,278 shares of the exchange traded fund’s stock after buying an additional 90,381 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 3.9% of Greenwood Gearhart Inc.’s holdings, making the stock its 6th largest holding. Greenwood Gearhart Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $70,127,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Grey Fox Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $27,000. Balentine LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3%

Shares of IEF opened at $94.96 on Friday. The firm has a market cap of $48.44 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a fifty day simple moving average of $95.67 and a two-hundred day simple moving average of $96.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $93.03 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3125 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

iShares 7-10 Year Treasury Bond ETF 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. 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.