Strategic Point Investment Advisors LLC Purchases 1,381 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Strategic Point Investment Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 149,766 shares of the exchange traded fund’s stock after buying an additional 1,381 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.2% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 18th largest position. Strategic Point Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,343,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IEF. Trivant Custom Portfolio Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 127 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $35,000. Morton Brown Family Wealth LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $42,000. Beacon Capital Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 172.9% in the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 351 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $54,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6%

Shares of IEF stock opened at $96.91 on Friday. The stock has a market cap of $38.52 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.51. The company’s fifty day simple moving average is $96.19 and its two-hundred day simple moving average is $95.15.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, October 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.