iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Increased by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.7% during the third quarter, HoldingsChannel reports. The fund owned 197,107 shares of the exchange traded fund’s stock after acquiring an additional 3,373 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 1.6% of Arete Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Arete Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $19,310,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IEF. Dynamic Advisor Solutions LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $707,000. Tran Capital Management L.P. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $323,000. Wealth Management Resources Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 49.1% in the second quarter. Wealth Management Resources Inc. now owns 288,818 shares of the exchange traded fund’s stock valued at $27,048,000 after buying an additional 95,166 shares in the last quarter. GenWealth Group Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% during the 2nd quarter. GenWealth Group Inc. now owns 287,108 shares of the exchange traded fund’s stock valued at $26,888,000 after acquiring an additional 2,304 shares during the period. Finally, Rockingstone Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $839,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.77 on Wednesday. The business has a 50 day moving average price of $94.84 and a 200 day moving average price of $95.49. The company has a market capitalization of $33.66 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.292 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, December 2nd.

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.