8,663 iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Ballew Advisors Inc

Ballew Advisors Inc lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 15.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,561 shares of the exchange traded fund’s stock after purchasing an additional 8,663 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.9% of Ballew Advisors Inc’s investment portfolio, making the stock its 6th biggest holding. Ballew Advisors Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,838,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $27,000. Compass Financial Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $29,000. Strive Financial Group LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 256 shares in the last quarter. Navigoe LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at about $33,000. Finally, Cape Investment Advisory Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $34,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock traded down $0.13 during midday trading on Monday, hitting $88.92. The company’s stock had a trading volume of 11,068,846 shares, compared to its average volume of 8,766,093. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The company has a 50-day moving average price of $92.02 and a two-hundred day moving average price of $93.63. The company has a market cap of $41.37 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.

See Also

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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