iShares 7-10 Year Treasury Bond ETF $IEF Stake Boosted by Portland Global Advisors LLC

Portland Global Advisors LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 189,750 shares of the exchange traded fund’s stock after purchasing an additional 5,342 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.0% of Portland Global Advisors LLC’s portfolio, making the stock its 16th largest holding. Portland Global Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. HUB Investment Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 110 shares during the last quarter. GC Wealth Management RIA LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 113 shares during the last quarter. Finally, M3 Advisory Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 125 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.65 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04. The firm has a market capitalization of $48.28 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a 50 day simple moving average of $94.88 and a 200 day simple moving average of $95.93.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.3125 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Friday, May 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.