Koshinski Asset Management Inc. Has $3.05 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Koshinski Asset Management Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 388.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,968 shares of the exchange traded fund’s stock after purchasing an additional 26,217 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,048,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 45.1% during 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 in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $92.45 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The business has a fifty day moving average price of $93.23 and a two-hundred day moving average price of $95.26. The stock has a market capitalization of $31.55 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a yield of 3.99%.

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.