iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Prudent Investors Network Inc.’s 4th Largest Position

Prudent Investors Network Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.0% in the fourth quarter, Holdings Channel reports. The fund owned 279,608 shares of the exchange traded fund’s stock after buying an additional 20,748 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 7.6% of Prudent Investors Network Inc.’s holdings, making the stock its 4th biggest holding. Prudent Investors Network Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,850,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEF. B. Riley Wealth Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 5,381 shares of the exchange traded fund’s stock worth $504,000 after acquiring an additional 514 shares during the period. HBW Advisory Services LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $204,000. LifeGuide Financial Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.1% in the 3rd quarter. LifeGuide Financial Advisors LLC now owns 337,708 shares of the exchange traded fund’s stock worth $33,136,000 after acquiring an additional 19,478 shares during the period. Prentice Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.4% in the 3rd quarter. Prentice Wealth Management LLC now owns 8,326 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 351 shares during the period. Finally, Schoolcraft Capital LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the 3rd quarter. Schoolcraft Capital LLC now owns 324,344 shares of the exchange traded fund’s stock worth $31,825,000 after acquiring an additional 6,898 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

NASDAQ IEF opened at $93.02 on Monday. The business has a 50 day moving average price of $93.11 and a two-hundred day moving average price of $95.15. 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 stock has a market cap of $31.97 billion, a PE 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 $0.3075 dividend. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.97%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th.

iShares 7-10 Year Treasury Bond ETF Company 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.