IPG Investment Advisors LLC Has $10.28 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

IPG Investment Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 61.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 108,690 shares of the exchange traded fund’s stock after purchasing an additional 41,266 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 1.5% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 15th biggest position. IPG Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,279,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bison Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after acquiring an additional 113,663 shares during the period. StoneX Group Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $213,000. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after purchasing an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% during the second quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% during the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after purchasing an additional 913 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $91.89 on Thursday. The firm has a market capitalization of $46.62 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.78 and a one year high of $98.04. The business has a fifty day simple moving average of $93.13 and a 200 day simple moving average of $94.40.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.332 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.3%.

iShares 7-10 Year Treasury Bond ETF Company 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.