Rockingstone Advisors LLC Raises Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rockingstone Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,680 shares of the exchange traded fund’s stock after buying an additional 8,750 shares during the period. Rockingstone Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,559,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IEF. Acropolis Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $2,387,000. Park Avenue Securities LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 15.5% in the fourth quarter. Park Avenue Securities LLC now owns 57,962 shares of the exchange traded fund’s stock valued at $5,359,000 after purchasing an additional 7,759 shares in the last quarter. Cypress Financial Planning LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,532,000. Granite Bay Wealth Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $341,000. Finally, Signet Financial Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.7% during the 4th quarter. Signet Financial Management LLC now owns 36,234 shares of the exchange traded fund’s stock worth $3,350,000 after buying an additional 3,799 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $92.16 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm has a market capitalization of $31.23 billion, a P/E ratio of -21.67 and a beta of 0.05. The company’s fifty day moving average price is $93.33 and its 200 day moving average price is $95.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a yield of 4.00%.

iShares 7-10 Year Treasury Bond ETF 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.