268,711 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by RFG Advisory LLC

RFG Advisory LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 268,711 shares of the exchange traded fund’s stock, valued at approximately $24,842,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 0.7% of RFG Advisory LLC’s holdings, making the stock its 20th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $35,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $38,000. Finally, Rakuten Securities Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 153 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ:IEF opened at $92.28 on Friday. The firm has a market capitalization of $31.50 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The business’s 50-day moving average price is $93.20 and its two-hundred day moving average price is $95.23.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.3075 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a yield of 4.00%.

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.