78,488 Shares of iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Leo Wealth LLC

Leo Wealth LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 78,488 shares of the exchange traded fund’s stock, valued at approximately $7,010,000. iShares 7-10 Year Treasury Bond ETF accounts for 1.5% of Leo Wealth LLC’s investment portfolio, making the stock its 10th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $27,000. Strive Financial Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares during the period. Compass Financial Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $29,000. West Branch Capital LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 63.3% in the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 133 shares in the last quarter. Finally, Navigoe LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $33,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $91.12 on Tuesday. The company’s fifty day simple moving average is $91.03 and its two-hundred day simple moving average is $93.98. The company has a market cap of $41.48 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.64 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.3069 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 annualized dividend and a dividend yield of 4.0%. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.