Rothschild Wealth LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Rothschild Wealth LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 100,880 shares of the exchange traded fund’s stock after purchasing an additional 18,166 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 0.9% of Rothschild Wealth LLC’s investment portfolio, making the stock its 25th biggest holding. Rothschild Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.52 on Wednesday. The stock has a fifty day moving average price of $94.62 and a 200 day moving average price of $95.68. The stock has a market cap of $48.21 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3172 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.