Silverleafe Capital Partners LLC Acquires New Position in iShares 7-10 Year Treasury Bond ETF $IEF

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

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be paid a $0.3069 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, October 1st. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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:

iShares 7-10 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.