iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Prudent Investors Network Inc.

Prudent Investors Network Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 418,241 shares of the exchange traded fund’s stock after purchasing an additional 63,340 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 9.2% of Prudent Investors Network Inc.’s investment portfolio, making the stock its 3rd biggest holding. Prudent Investors Network Inc. owned approximately 0.09% of iShares 7-10 Year Treasury Bond ETF worth $40,218,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IEF. Elevated Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $25,000. Grey Fox Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $27,000. Balentine LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Asset Dedication LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.51 on Friday. The stock has a fifty day moving average of $95.32 and a two-hundred day moving average of $96.13. The company has a market capitalization of $47.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $93.03 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend 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.