iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Lifted by Sicart Associates LLC

Sicart Associates LLC raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 272.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,234 shares of the exchange traded fund’s stock after purchasing an additional 66,018 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 3.0% of Sicart Associates LLC’s investment portfolio, making the stock its 9th biggest position. Sicart Associates LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. PSI Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the period. J. W. Coons Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock worth $1,299,000 after acquiring an additional 135 shares during the last quarter. Drive Wealth Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after acquiring an additional 144 shares during the last quarter. SignalPoint Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% during the third quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock worth $1,531,000 after acquiring an additional 146 shares during the last quarter. Finally, Rakuten Securities Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $92.38 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market cap of $31.47 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s 50-day simple moving average is $93.29 and its 200-day simple moving average is $95.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.99%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th.

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.