Edgestream Partners L.P. Invests $5.82 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Posted by Samantha Reynolds on Nov 30th, 2024

Edgestream Partners L.P. acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) in the third quarter, Holdings Channel.com reports. The firm acquired 59,340 shares of the exchange traded fund’s stock, valued at approximately $5,822,000.

Several other hedge funds also recently bought and sold shares of IEF. Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $28,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $34,000. Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $36,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

NASDAQ:IEF opened at $95.19 on Friday. The stock has a market cap of $33.81 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $95.31 and its two-hundred day moving average price is $95.37. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date was Friday, November 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.