Focus Financial Network Inc. Grows Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Focus Financial Network Inc. grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 405,791 shares of the exchange traded fund’s stock after acquiring an additional 22,157 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.2% of Focus Financial Network Inc.’s investment portfolio, making the stock its 15th biggest position. Focus Financial Network Inc. owned approximately 0.08% of iShares 7-10 Year Treasury Bond ETF worth $38,376,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Elevated Capital Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Windsor Advisory Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.17 on Monday. The stock has a market capitalization of $47.27 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04. The business has a 50 day simple moving average of $93.80 and a 200-day simple moving average of $94.96.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.