Secure Asset Management LLC Makes New $254,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Secure Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,591 shares of the exchange traded fund’s stock, valued at approximately $254,000.

Other hedge funds have also made changes to their positions in the company. Fiera Capital Corp grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 107 shares during the period. Matrix Trust Co increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 120 shares during the last quarter. Oak Harbor Wealth Partners LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock worth $1,127,000 after buying an additional 126 shares during the period. Catalyst Private Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.7% in the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 128 shares during the last quarter. Finally, Pasadena Private Wealth LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 5.3% during the first quarter. Pasadena Private Wealth LLC now owns 2,559 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 129 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $95.94 on Friday. The business has a 50-day moving average of $97.53 and a two-hundred day moving average of $94.96. The firm has a market capitalization of $33.67 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.