Retirement Financial Solutions LLC Increases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Retirement Financial Solutions LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,947 shares of the exchange traded fund’s stock after purchasing an additional 1,991 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 6.7% of Retirement Financial Solutions LLC’s portfolio, making the stock its 7th largest position. Retirement Financial Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,301,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norden Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth $511,000. Financial Counselors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 150.8% in the 1st quarter. Financial Counselors Inc. now owns 7,855 shares of the exchange traded fund’s stock worth $744,000 after acquiring an additional 4,723 shares during the last quarter. Forte Asset Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 14.7% during the 1st quarter. Forte Asset Management LLC now owns 42,974 shares of the exchange traded fund’s stock worth $4,068,000 after purchasing an additional 5,500 shares during the period. One Degree Advisors Inc grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% during the 1st quarter. One Degree Advisors Inc now owns 33,538 shares of the exchange traded fund’s stock valued at $3,175,000 after purchasing an additional 148 shares during the last quarter. Finally, Avalon Advisory Group grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.4% during the 1st quarter. Avalon Advisory Group now owns 710,646 shares of the exchange traded fund’s stock valued at $67,270,000 after purchasing an additional 36,500 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.67 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The firm has a 50-day simple moving average of $97.01 and a two-hundred day simple moving average of $95.14. The company has a market cap of $33.35 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a dividend of $0.2916 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.