United Capital Financial Advisors LLC Buys 16,650 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

United Capital Financial Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,234 shares of the exchange traded fund’s stock after buying an additional 16,650 shares during the quarter. United Capital Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,571,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $29,000. Strive Financial Group LLC raised 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 valued at $29,000 after buying an additional 256 shares in the last quarter. Finally, McIlrath & Eck LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% in the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

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

IEF opened at $93.23 on Friday. The stock has a 50-day moving average of $93.53 and a 200 day moving average of $94.69. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04. The firm has a market cap of $47.30 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.3175 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About iShares 7-10 Year Treasury Bond ETF

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.