Trilogy Capital Inc. Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Trilogy Capital Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 205.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 140,376 shares of the exchange traded fund’s stock after purchasing an additional 94,461 shares during the period. Trilogy Capital Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Windsor Advisory Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $31,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $92.82 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.69 and a 1-year high of $98.04. The firm’s 50-day simple moving average is $93.90 and its 200-day simple moving average is $95.05. The firm has a market cap of $47.12 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be issued a $0.3175 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Monday, August 3rd.

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.