iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Lifted by United Capital Management of KS Inc.

United Capital Management of KS Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 237,026 shares of the exchange traded fund’s stock after acquiring an additional 13,579 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 3.1% of United Capital Management of KS Inc.’s investment portfolio, making the stock its 5th largest holding. United Capital Management of KS Inc. owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $22,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of IEF. Grey Fox Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $27,000. Balentine LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $29,000. Cornerstone Planning Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares during the period. Silicon Valley Capital Partners bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at approximately $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at approximately $37,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $96.51 on Friday. The firm has a market capitalization of $47.14 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average price of $96.44 and a 200-day moving average price of $96.57. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.