Barings LLC Has $63.45 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Barings LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 4.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 659,861 shares of the exchange traded fund’s stock after purchasing an additional 28,018 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.2% of Barings LLC’s investment portfolio, making the stock its 13th largest holding. Barings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $63,452,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in IEF. Elevated Capital Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Balentine LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Asset Dedication LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. 81.48% of the stock is currently owned by institutional investors.

Get iShares 7-10 Year Treasury Bond ETF alerts:

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.34 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The company has a market cap of $48.12 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50 day simple moving average of $94.67 and a two-hundred day simple moving average of $95.75.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3172 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

iShares 7-10 Year Treasury Bond ETF Profile

(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.

Read More

• Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
• Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
• NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
• The World Cup Is Coming—These 3 Stocks Could Cash In
• Spotify’s “North Star” Outlook Was Music to Investors Ears

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.