Kestra Advisory Services LLC Grows Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Kestra Advisory Services LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 394,006 shares of the exchange traded fund’s stock after purchasing an additional 29,876 shares during the quarter. Kestra Advisory Services LLC owned about 0.08% of iShares 7-10 Year Treasury Bond ETF worth $37,604,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Beam Wealth Advisors Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 20.8% during the first quarter. Beam Wealth Advisors Inc. now owns 38,900 shares of the exchange traded fund’s stock valued at $3,713,000 after buying an additional 6,694 shares during the last quarter. Seelaus Asset Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $874,000. Greenwood Capital Associates LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.4% during the first quarter. Greenwood Capital Associates LLC now owns 70,511 shares of the exchange traded fund’s stock valued at $6,730,000 after acquiring an additional 2,950 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in iShares 7-10 Year Treasury Bond ETF by 7.9% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 43,097 shares of the exchange traded fund’s stock valued at $4,113,000 after acquiring an additional 3,137 shares in the last quarter. Finally, Ascent Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $6,932,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

IEF stock traded down $0.08 during mid-day trading on Friday, hitting $93.63. The company had a trading volume of 6,507,560 shares, compared to its average volume of 8,997,625. The company has a market capitalization of $46.82 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04. The company has a 50-day moving average price of $94.19 and a 200 day moving average price of $95.39.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 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. 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.