Cyndeo Wealth Partners LLC Boosts Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cyndeo Wealth Partners LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,199 shares of the exchange traded fund’s stock after buying an additional 230 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IEF. The Manufacturers Life Insurance Company lifted its position in iShares 7-10 Year Treasury Bond ETF by 66.3% during the second quarter. The Manufacturers Life Insurance Company now owns 314,814 shares of the exchange traded fund’s stock valued at $29,482,000 after buying an additional 125,517 shares during the period. Ascent Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 11.2% during the 2nd quarter. Ascent Group LLC now owns 10,193 shares of the exchange traded fund’s stock valued at $955,000 after acquiring an additional 1,026 shares during the period. Forefront Analytics LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 24.4% during the second quarter. Forefront Analytics LLC now owns 15,430 shares of the exchange traded fund’s stock worth $1,445,000 after acquiring an additional 3,031 shares in the last quarter. Buck Wealth Strategies LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $1,767,000. Finally, NewEdge Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 50.1% during the second quarter. NewEdge Advisors LLC now owns 157,389 shares of the exchange traded fund’s stock valued at $14,740,000 after purchasing an additional 52,537 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

Shares of IEF opened at $92.47 on Monday. The stock has a market cap of $31.56 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50 day moving average price is $93.17 and its 200-day moving average price is $95.22. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week 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 Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.3075 dividend. This is a boost 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 dividend yield of 3.99%. The ex-dividend date of this dividend 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.