177,759 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Silverleafe Capital Partners LLC

by · The Markets Daily

Silverleafe Capital Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 177,759 shares of the exchange traded fund’s stock, valued at approximately $15,876,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 4.5% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 6th largest holding.

Several other hedge funds have also added to or reduced their stakes in IEF. Legacy Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in the first quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after buying an additional 13,298 shares during the period. Jessup Wealth Management Inc increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% during the 4th quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after acquiring an additional 5,384 shares during the period. Arkos Global Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 4th quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after acquiring an additional 29,597 shares in the last quarter. White Pine Investment CO raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.7% in the 1st quarter. White Pine Investment CO now owns 78,323 shares of the exchange traded fund’s stock valued at $7,475,000 after acquiring an additional 7,570 shares in the last quarter. Finally, Resonant Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $1,868,000. 81.48% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting iShares 7-10 Year Treasury Bond ETF

Here are the key news stories impacting iShares 7-10 Year Treasury Bond ETF this week:

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3%

Shares of NASDAQ:IEF traded down $0.25 during trading on Friday, reaching $89.05. 16,933,973 shares of the company traded hands, compared to its average volume of 8,753,901. The firm has a market capitalization of $40.93 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The company’s 50 day moving average is $92.10 and its two-hundred day moving average is $93.68.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be given a dividend of $0.3069 per share. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, October 1st.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.

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