iShares 7-10 Year Treasury Bond ETF $IEF Holdings Increased by SkyOak Wealth LLC

SkyOak Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 247,664 shares of the exchange traded fund’s stock after purchasing an additional 85,910 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 3.9% of SkyOak Wealth LLC’s investment portfolio, making the stock its 5th biggest position. SkyOak Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $23,422,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IEF. Stephens Inc. AR increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after purchasing an additional 107 shares during the period. Van ECK Associates Corp grew its position in iShares 7-10 Year Treasury Bond ETF by 12.5% during the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 113 shares in the last quarter. KPP Advisory Services LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 138 shares during the last quarter. Dogwood Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 8.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock worth $176,000 after acquiring an additional 144 shares during the last quarter. Finally, Balboa Wealth Partners raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% in the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 145 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.7%

Shares of IEF opened at $92.10 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.07 and a 12-month high of $98.04. The company has a market cap of $46.73 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a 50-day moving average price of $93.43 and a 200-day moving average price of $94.61.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.332 per share. The ex-dividend date is Tuesday, September 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 4.3%.

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.