Silverleafe Capital Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 177,759 shares of the exchange traded fund’s stock, valued at approximately $15,876,000. iShares 7-10 Year Treasury Bond ETF accounts for about 4.5% of Silverleafe Capital Partners LLC’s holdings, making the stock its 6th largest position.
A number of other large investors have also recently modified their holdings of IEF. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $27,000. Strive Financial Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 256 shares during the last quarter. Compass Financial Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $29,000. Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at about $33,000. Finally, Cape Investment Advisory Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $34,000. Institutional investors and hedge funds own 81.48% of the company’s stock.
iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%
iShares 7-10 Year Treasury Bond ETF stock traded down $0.25 during midday trading on Friday, reaching $89.05. The company’s stock had a trading volume of 16,933,973 shares, compared to its average volume of 8,753,901. The stock has a market cap of $40.93 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The business has a 50-day moving average price of $92.10 and a 200-day moving average price of $93.68.
iShares 7-10 Year Treasury Bond ETF Cuts Dividend
Key Headlines Impacting iShares 7-10 Year Treasury Bond ETF
Here are the key news stories impacting iShares 7-10 Year Treasury Bond ETF this week:
- Positive Sentiment: A weaker-than-expected September jobs report showed cooler hiring and a higher unemployment rate, increasing expectations that the Federal Reserve can remain patient or potentially ease policy. The resulting Treasury rally is supportive for IEF’s bond prices. September Jobs Report: Payrolls Cool, Unemployment Rises – The Fed Can Wait
- Positive Sentiment: Analysts are refocusing on duration strategies after Treasury yields retreated from recent highs. Intermediate-duration funds such as IEF could benefit if the decline in yields continues, although they remain more volatile than ultra-short bond ETFs. Navigating Fixed Income Duration as Treasury Yields Retreat
- Positive Sentiment: Portfolio strategists continue to recommend Treasury ETFs as a source of stability and ballast for investors with large equity allocations, supporting the long-term demand case for IEF. A $1.2 Million Portfolio With No Bonds in It? These 3 ETFs Add Ballast Without Ending the Growth
- Neutral Sentiment: IEF went ex-dividend on October 1, with a scheduled distribution of $0.3069 per share payable October 6. The automatic price adjustment associated with the distribution can temporarily affect trading, while the 7.6% year-over-year payout decline may reduce its appeal to income-focused investors. iShares 7-10 Year Treasury Bond ETF To Go Ex-Dividend on October 1st
- Negative Sentiment: A broader global bond selloff, persistent inflation concerns and elevated oil-related costs have pushed borrowing costs higher, creating valuation pressure for IEF despite the recent pullback in U.S. yields. The Bond Rout Is Deepening Even as Oil Tankers Return to the Strait of Hormuz
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.
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Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).
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