Entelevest LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Entelevest LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 11,675 shares of the exchange traded fund’s stock, valued at approximately $1,123,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.1% of Entelevest LLC’s holdings, making the stock its 25th largest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IEF. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $25,000. Balentine LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $93.69 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock’s 50 day moving average is $94.69 and its 200-day moving average is $95.77. The firm has a market capitalization of $47.79 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3172 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date 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.