iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Raised by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 358,228 shares of the exchange traded fund’s stock after purchasing an additional 20,520 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 14.2% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 3rd largest position. LifeGuide Financial Advisors LLC owned approximately 0.11% of iShares 7-10 Year Treasury Bond ETF worth $33,118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $25,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $34,000. Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Finally, Rakuten Securities Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $92.76 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The company has a 50-day simple moving average of $93.23 and a 200-day simple moving average of $95.26. The stock has a market capitalization of $31.66 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 company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3075 dividend. This represents a $3.69 dividend on an annualized basis and a yield of 3.98%. 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.