iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,083 shares of the exchange traded fund’s stock after buying an additional 3,514 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.1% of Premier Path Wealth Partners LLC’s holdings, making the stock its 18th largest holding. Premier Path Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,496,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. Arkadios Wealth Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 26.3% in the fourth quarter. Arkadios Wealth Advisors now owns 11,433 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 2,384 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 9.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 567,910 shares of the exchange traded fund’s stock worth $52,503,000 after purchasing an additional 47,306 shares during the period. Wealthcare Capital Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 5.3% in the 4th quarter. Wealthcare Capital Management LLC now owns 1,937,596 shares of the exchange traded fund’s stock valued at $179,131,000 after purchasing an additional 97,747 shares in the last quarter. Capital Advisors Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $279,000. Finally, Ritholtz Wealth Management grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% during the fourth quarter. Ritholtz Wealth Management now owns 127,439 shares of the exchange traded fund’s stock worth $11,782,000 after buying an additional 2,024 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $92.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The company’s 50 day moving average price is $93.26 and its 200 day moving average price is $95.24. The firm has a market capitalization of $31.50 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.