Trilogy Capital Inc. Buys 57,823 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Trilogy Capital Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,996.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 60,719 shares of the exchange traded fund’s stock after purchasing an additional 57,823 shares during the quarter. Trilogy Capital Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,815,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IEF. HB Wealth Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 72.9% during the 1st quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock worth $463,000 after buying an additional 2,046 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock worth $153,200,000 after buying an additional 7,420 shares in the last quarter. GAMMA Investing LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock worth $218,000 after buying an additional 2,076 shares during the last quarter. Independence Financial Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $14,612,000. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $96.46 on Wednesday. The company’s 50-day moving average is $95.94 and its 200-day moving average is $95.05. The firm has a market capitalization of $35.89 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $98.47.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be given a dividend of $0.2945 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.