iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Avalon Advisory Group’s 2nd Largest Position

Avalon Advisory Group lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 769,849 shares of the exchange traded fund’s stock after purchasing an additional 16,006 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 34.2% of Avalon Advisory Group’s portfolio, making the stock its 2nd largest holding. Avalon Advisory Group owned approximately 0.22% of iShares 7-10 Year Treasury Bond ETF worth $75,538,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Capital Investment Counsel Inc bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $25,000. Innealta Capital LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $28,000. Hazlett Burt & Watson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $34,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at 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 %

Shares of IEF stock opened at $95.19 on Monday. The business has a 50-day moving average price of $95.31 and a two-hundred day moving average price of $95.40. 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 cap of $32.68 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.